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    3418 Spring Creek Ln Spokane, WA 99224

    Sponsored
    For Sale
    $2,600,000

    Profitable RV Park, 24 Units, 8 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional investment opportunity presents a thriving 24-unit RV park nestled on a picturesque 8.77-acre lot in Spokane, WA. Boasting a prime location less than 10 minutes from downtown, this highly sought-after park enjoys consistently high occupancy rates, with a typical waiting list for available spaces. The property includes city water and sewer connections, and electricity is readily available at each lot. Adding to its appeal, the park features two residential properties: a newly remodeled three-bedroom home and a newly remodeled one-bedroom home, providing additional income potential or on-site management options. A spacious 24' x 24' shop further enhances the property's functionality. The park's reputation precedes it, consistently earning top ratings in the area. This turnkey operation offers a rare chance to acquire a well-established and profitable business. Note that a separate, undeveloped 28.55-acre parcel is also available for purchase, presenting significant expansion potential for a discerning investor. The asking price for this exceptional property is $2,600,000. This is a unique opportunity to own a successful and highly-rated RV park in a desirable location. Don't miss out on this chance to acquire a proven income-generating asset.

    Property Features for 3418 Spring Creek Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    382,021 SF

    Building Details

    Year Built
    2014
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4408
    Latitude
    47.62365

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable RV Park, 24 Units, 8 Acres
    Where is this commercial real estate located?
    The property is located at 3418 Spring Creek Ln Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    (509) 418-2546
    Request Owner's contact information
    3418 Spring Creek Ln Spokane, WA 99224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3418 Spring Creek Ln Spokane, WA 99224
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