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    Hillyard Spokane, WA 99217

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    For Sale
    $2,850,000

    17.84 acres of land suitable for multifamily development.

    Source: Naiglobal

    Listing Agent: Bryan Walker

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

    Overview

    17.84 Acres Multifamily Development Land

    This 17.84-acre (777,110 square feet) parcel of land is zoned MDR and allows for the construction of up to 220 multifamily units. Utilities are available. The property is located in Hillyard, Washington. The parcel number is 36352.9043. The location provides convenient access to the new North/South Freeway, the completed Bigelow Road, the north side, and the valley. Bus lines, grocery stores, shopping centers, and other services are also nearby.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.366
    Latitude
    47.7146

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    FAQs

    What type of property is this?
    Land - 17.84 acres of land suitable for multifamily development.
    Where is this land located?
    The property is located at Hillyard Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: - Large Land Size: 17.84± Acres mol (777,110± SF); - Zoning: MDR, allowing for the development of up to 220 Multifamily Units; - Utilities Available for convenient development
    (509) 951-3669
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    Hillyard Spokane, WA 99217
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    Spokane, WA 99217
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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
    Hillyard Spokane, WA 99217
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