Listing Agency: SVN Cornerstone LLC Show Phone

Listed By: Guy Byrd · License #17968 Show Phone

Source: Moodyscre

Added: Dec 7, 2022 Changed: Jul 30 Last Checked: Jul 30 at 10:32PM

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Investment Insights

Based on property information with market context.

This primed, fully graveled corner lot is positioned at a lighted intersection in Spokane Valley and is available for sale or lease. The property is a level site with landscaping and includes road access from both E Sprague Ave and S Conklin Rd, making it suitable for a variety of commercial uses such as a food truck site, storage lot, farm stand, or small business. Zoning permits light manufacturing, retail, multifamily, and offices.

The lot offers 110 ft of frontage on E Sprague Ave and 150 ft of frontage on S Conklin Rd, providing visibility along busy arterial corridors. Average daily travel is listed as 17,774 vehicles on E Sprague Ave and 2,733 vehicles on S Conklin Rd. There is also easy access to I-90 via Sullivan.

The combination of corner access, frontage on two roads, and a flexible zoning profile supports a range of site-based and small business concepts for operators seeking dependable roadway exposure.

Key Highlights

• Fully graveled level corner lot with landscaping
• 110 ft frontage on E Sprague Ave plus 150 ft frontage on S Conklin Rd
• Access from both E Sprague Ave and S Conklin Rd

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon HVAC Service Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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 Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Fully graveled level corner lot with access from E Sprague and S Conklin Rd and zoning for light manufacturing, retail, multifamily, and offices.

Where is this commercial land located?

The property is located at 16224 E Sprague Ave Veradale, WA.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Fully graveled level corner lot with landscaping; 110 ft frontage on E Sprague Ave plus 150 ft frontage on S Conklin Rd; Access from both E Sprague Ave and S Conklin Rd