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    6505 E Sprague Ave Spokane Valley, WA 99037

    For Sale
    $799,000

    High-traffic location with drive-thru, ideal for redevelopment or owner-user.

    Property size:
    2,406 SF
    Lot size:
    0.57 Acres

    Property Features for 6505 E Sprague Ave

    General Information

    Size
    2,406 SF
    Lot size
    0.57 Acres

    Source: Kidder Mathews Agent Kevin Verger

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

    Overview

    Spokane Valley Retail Redevelopment Opportunity

    This property presents an opportunity for an owner-user, value-add investor, or developer to reposition or redevelop the site into a new retail, restaurant, or alternative commercial concept. Formerly a Zip's Drive-In, the property includes an existing drive-thru and electronic pylon sign. Situated directly on Sprague Avenue, just off the I-90 Freeway, the location benefits from high visibility and accessibility, with an average daily traffic count exceeding 31,000 vehicles per day. The property is located just East of several national tenants including Walmart, Costco, Home Depot, Lowe's Home Improvement, and Big 5 Sporting Goods. The site includes approximately 34 surface parking stalls, supporting customer traffic and easy access. The property size is 2406 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zip’s Drive In - Sprague ... Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.3154
    Latitude
    47.657352

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    FAQs

    What type of property is this?
    Drive through restaurant - High-traffic location with drive-thru, ideal for redevelopment or owner-user.
    Where is this drive through restaurant located?
    The property is located at 6505 E Sprague Ave Spokane Valley, WA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - High-Traffic Location: Located on Sprague Avenue with 31,000+ vehicles per day and easy I-90 access.; - Owner-User/Redevelopment Potential: Suited for owner-users, value-add investors, or developers.; - Existing Drive-Thru: Includes a pre-existing drive-thru and electronic pylon sign.
    (206) 946-9425
    Request Owner's contact information
    6505 E Sprague Ave Spokane Valley, WA 99037
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    Spokane Valley, WA 99037
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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
    6505 E Sprague Ave Spokane Valley, WA 99037
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