Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Liberty Lake Development Land Parcels Title is generated by Realmo AI

    19551 E Appleway Ave, Liberty Lake, WA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-traffic commercial land parcels in Liberty Lake, Washington.

    Type:LAND
    Lot size:
    0.57 Acres
    Added:
    Sep 2, 2025
    Days on Market:
    262
    Last Refresh:
    Apr 5 at 8:35 pm

    Property Features for 19551 E Appleway Ave

    General Information

    Standard status
    Active
    Lot size
    0.57 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Steven Daines

    Listing agent Steven Daines

    Listing office Daines Capital

    Listing date Sep 2, 2025

    Source Moodyscre

    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

    HighLights

    • High‑traffic location at the corner of Appleway Ave. and Broadway Ave.
    • Zoned C‑2, allowing for a wide range of commercial, retail, office, and service‑oriented uses.
    • Excellent visibility and accessibility to I‑90 and major arterials.
    • Only sub‑acre land opportunities currently available in Liberty Lake.
    • Option to purchase parcels individually or together (0.27 to 0.57 acres each, totaling 1.74 acres).
    • Strong area demographics, steady growth, and proximity to schools, businesses, and residential neighborhoods.

    Overview

    Located at the corner of Appleway Ave. and Broadway Ave. in Liberty Lake, WA, this development opportunity, known as “The Point,” features four available parcels ranging from 0.27 to 0.57 acres (11,761–24,829 SF). The parcels can be purchased individually or together for a total of 1.74 acres. Zoned C-2, the sites allow for a wide range of commercial, retail, office, and service-oriented uses. The location provides visibility and accessibility to I-90 and major arterials. These parcels represent sub-acre land opportunities currently available in Liberty Lake. The location has strong area demographics, steady growth, and proximity to schools, businesses, and residential neighborhoods, offering potential for investors and developers seeking a commercial location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.145
    Latitude
    47.6629

    Nearby Similar for Sale

    • $1,100,000

      7-Acre Liberty Lake View Parcel

      Build-ready 7-acre parcel with panoramic views in Liberty Lake.
      19 Greenridge Dr, Liberty Lake, WA 99019
      View Details
    • $2,100,000
      5,289 SF

      Liberty Lake Medical/Office Investment

      Single-tenant medical/office building in Liberty Lake, WA for sale.
      23813 E Appleway Ave, Liberty Lake, WA 99019
      View Details
    • $298,000

      Liberty Lake Land with Views

      Rare 0.76 acre lot with panoramic views in Liberty Lake.
      21700 E Glover Ln, Liberty Lake, WA 99019
      View Details
    • $295,000

      Legacy Ridge Build-Ready Lot

      0.66-acre lot with panoramic views in Legacy Ridge.
      124 N Holiday Hills Dr, Liberty Lake, WA 99019
      View Details
    • $299,999

      Liberty Lake Waterfront Land Parcels

      Two waterfront parcels with 348 feet of shoreline.
      1831 & 1903 S LIBERTY Dr, Liberty Lake, WA 99019
      View Details
    • $11,950,000
      42,551 SF

      Liberty Lake Class A Office

      Class A office space in Liberty Lake, Washington.
      1322 N Whitman Ln, Liberty Lake, WA 99019
      View Details
    • $140,000
      1,200 SF

      Established Ice Cream Shop Opportunity

      Turnkey ice cream shop in Liberty Lake's River District.
      1948 N Harvest Parkway, Liberty Lake, WA 99019
      View Details
    • $447,500
      31,943 SF

      Liberty Lake Corner Lot Opportunity

      Shovel-ready commercial land in prime Liberty Lake location.
      23320 E Knox Avenue, Liberty Lake, WA 99019
      View Details
    • $446,922

      Prime Commercial Land Opportunity

      Four parcels available in high-traffic Liberty Lake location.
      19501 E Appleway Ave, Liberty Lake, WA
      View Details
    • $866,403
      2 SF

      2.21 Acres of Land

      2.21 acres of land in a central location.
      N Kramer Pkwy & E Country Vista Dr, Liberty Lake , WA 99016
      View Details
    • $1,121,670
      44,867 SF

      Prime Commercial Land Opportunity

      Highly visible corner lot with easy I-90 access.
      E Country Vista Dr & N Legacy Ridge Dr, Liberty Lake, WA 99019
      View Details
    • $229,984

      Liberty Lake Development Opportunity

      Prime commercial land parcels in high-traffic Liberty Lake location.
      19521 E Appleway Ave, Liberty Lake, WA
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic commercial land parcels in Liberty Lake, Washington.
    Where is this land located?
    The property is located at 19551 E Appleway Ave Liberty Lake, WA.
    What is the asking price?
    The asking price for this property is $446,922.
    What are key features of this property?
    This property features: High‑traffic location at the corner of Appleway Ave. and Broadway Ave.; Zoned C‑2, allowing for a wide range of commercial, retail, office, and service‑oriented uses.; Excellent visibility and accessibility to I‑90 and major arterials.
    (509) 590-9114 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steven Daines
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19551 E Appleway Ave, Liberty Lake, WA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!