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    57th Ave & Palouse Hwy Spokane, WA 99223

    For Lease
    Contact for pricing

    3.18 acres of commercial land for lease on South Hill.

    Property size:
    3 SF
    Lot size:
    3.18 Acres

    Property Features for 57th Ave & Palouse Hwy

    General Information

    Size
    3 SF
    Lot size
    3.18 Acres

    Source: Dave Black, SIOR CCIM Agent Dave Black, SIOR CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Hill Commercial Land Available

    This commercial land offering consists of 3.18 acres located at the corner of 57th Avenue and Palouse Hwy on Spokane's South Hill. Proposed spaces include: Building 2 with 3,025 square feet, Building 3 with 8,560 square feet planned for retail, and Building 5 with 3,000 square feet planned for a quick service restaurant. The property is situated on a busy intersection.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.327
    Latitude
    47.5876

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    FAQs

    What type of property is this?
    Commercial land - 3.18 acres of commercial land for lease on South Hill.
    Where is this commercial land located?
    The property is located at 57th Ave & Palouse Hwy Spokane, WA.
    What are key features of this property?
    This property features: - Located on a busy intersection (57th Avenue and Palouse Hwy) on Spokane's South Hill; - Total lot size of 3.18 acres; - Building 3: **8,560 SF +/- available for retail**
    (509) 622-3535
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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
    57th Ave & Palouse Hwy Spokane, WA 99223
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