Sprague Avenue Redevelopment
For Sale
Contact for pricing
Pending
15612 E Sprague Ave, Spokane Valley, WA 99037
1.7-acre commercial land for redevelopment in Spokane Valley.
Property Size10,464 SF
Lot Size1.70 Acres
Days on Market162
Property Features for 15612 E Sprague Ave
General Information
Standard status
Pending
Size
10,464 SF
Class
C
Lot size
1.70 Acres
Property subtype
Retail, Office, Land
Zoning
RC
Building Details
Year Built
1995
Year Renovated
2017
Buildings
3
Stories
1
Listing Agency:
Daines Capital Commercial Real Estate
Listed By:
Cayden Kerr · License #24029593
Source:
Crexi
Added: Mar 3
Changed: Aug 8
Last Checked: Jul 25 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daines Capital Commercial Real Estate
Investment Insights
Based on property information with market context.
This 1.7-acre property presents a redevelopment opportunity along the Sprague Avenue corridor in Veradale, situated just west of the intersection at Sprague Avenue and Sullivan Road. The site benefits from high visibility and features both right-in/right-out and left-turn ingress and egress, along with a neon pylon sign. Traffic counts average approximately 36,000 vehicles per day. Currently, the site includes a retail building exceeding 3,000 square feet and two greenhouses; however, redevelopment is considered the highest and best use. Zoned RC, the parcel is surrounded by national retailers, restaurants, and residential areas, making it suitable for investors or developers. Potential uses include retail, quick-service restaurants, drive-thrus, coffee shops, medical facilities, or other commercial concepts within one of Spokane Valley’s busiest commercial corridors.
Key Highlights
- Prime 1.7‑acre redevelopment opportunity on Sprague Avenue corridor.
- High traffic location: Approximately 36,000 vehicles per day.
- Excellent visibility and multiple ingress/egress options (right‑in/right‑out and left‑turn).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Explore this area
Business Placement
Demographics for 99037, WA
15,907
Population
6,189
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
2,525
Density / Sq Mi
$83,886
Median Household Income
$43,970
Median Earnings
$1,303
Median Rent
$446,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.7-acre commercial land for redevelopment in Spokane Valley.
Where is this commercial land located?
The property is located at 15612 E Sprague Ave Spokane Valley, WA.
What are key features of this property?
This property features: Prime 1.7‑acre redevelopment opportunity on Sprague Avenue corridor.; High traffic location: Approximately 36,000 vehicles per day.; Excellent visibility and multiple ingress/egress options (right‑in/right‑out and left‑turn).
