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    2023 E Wellesley Ave Spokane, WA 99207

    For Lease
    Contact for pricing

    Retail-zoned land available for lease at Wellesley and Crestline.

    Lot size:
    0.26 Acres

    Property Features for 2023 E Wellesley Ave

    General Information

    Lot size
    0.26 Acres

    Source: Chris Bell, SIOR Agent Chris Bell, SIOR

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

    Overview

    Retail Land for Lease

    This commercial land, zoned NR-35 for retail use, is available for lease. The property is located on the northwest corner of Wellesley Avenue and Crestline Street. The lot size is approximately 11,475 square feet. The existing building has been demolished. The parcel number is 36333.1012.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3791878
    Latitude
    47.7007145

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    FAQs

    What type of property is this?
    Land - Retail-zoned land available for lease at Wellesley and Crestline.
    Where is this land located?
    The property is located at 2023 E Wellesley Ave Spokane, WA.
    What are key features of this property?
    This property features: - Retail Zoning (NR-35); - **Corner Lot Location on Northwest Corner of Wellesley & Crestline**; - Lot Size: 11,475 SF±
    (509) 954-2001
    Request Owner's contact information
    2023 E Wellesley Ave Spokane, WA 99207
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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
    2023 E Wellesley Ave Spokane, WA 99207
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