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    5616 S Palouse Hwy Spokane, WA 99223

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    For Lease
    Contact for pricing

    7.83 Acres of commercial land available for rent.

    Property size:
    7 SF
    Lot size:
    7.84 Acres

    Property Features for 5616 S Palouse Hwy

    General Information

    Size
    7 SF
    Lot size
    7.84 Acres

    Source: Chris Bell, SIOR Agent Chris Bell, SIOR

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

    Overview

    7.83 Acres Commercial Land For Rent

    This commercial land for rent encompasses 7.83 acres (341,497 SF). Zoned MU, the site benefits from all available utilities. Located at the corner of 57th Ave & Palouse Hwy, the property features a signalized intersection and is positioned as a great shopping center site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop 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
    -117.3536632
    Latitude
    47.6027798

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    FAQs

    What type of property is this?
    Land - 7.83 Acres of commercial land available for rent.
    Where is this land located?
    The property is located at 5616 S Palouse Hwy Spokane, WA.
    What are key features of this property?
    This property features: - Excellent Location on the Corner of 57th Ave & Palouse Hwy; - 7.83 Acre (341,497 SF) Lot Size; - MU (Mixed Use) Zoning
    (509) 954-2001
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    5616 S Palouse Hwy Spokane, WA 99223
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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
    5616 S Palouse Hwy Spokane, WA 99223
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