Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Acre Lot Near Clear Lake Title is generated by Realmo AI

    201xx W Waterside Ct, Medical Lake, WA 99022

    View on Map
    Claim this Listing
    New
    For Sale
    $150,000

    LAND - Medical Lake, WA

    Lot size:
    1.06 Acres
    Added:
    May 6, 2026
    Days on Market:
    4
    Last Refresh:
    May 9 at 5:06 am

    Property Features for 201xx W Waterside Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    14313.9053
    Lot size
    1.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    761

    Utilities

    Utilities
    Water Available
    Water front features
    Beach Access

    We can help!

    Listing Contact
    Nate Juarez

    Listing agent Nate Juarez License #90298

    Listing office Keller Williams Spokane - Main 534 E Spokane Falls Blvd Suite 300, Spokane, WA

    Listing date May 6, 2026

    MLS# 202616812 Listing URL

    Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1 Acre lot with Clear Lake access and amenities including boating, fishing, swimming, and camping, plus private HOA areas.
    • Convenient location: Just 2 minutes to I90, 15 minutes to the Airport, and 20 minutes to Fairchild AFB or Spokane.
    • Utilities readily available: Gas (Avista), Power (Inland), and Community Well (Clear Lake Water Users Association).
    • Located on a peaceful cul‑de‑sac.
    • Low HOA fees: $270/year (after build).
    • Treed and level lot with snow plowed roads.

    Overview

    This one-acre lot is located on a peaceful cul-de-sac near Clear Lake. The property is situated as a secondary (third) lot to Clear Lake and offers access to Clear Lake amenities, including boating, fishing, camping, and swimming. There are HOA private areas and a public boat launch available, as well as the Clear Lake Military Resort operated by Fairchild Air Force Base employees from April to September. The treed and level lot is located just 2 minutes from I90, 15 minutes from the Airport, 20 minutes from Fairchild AFB or Spokane, 10 minutes from Eastern Washington University (EWU) in Cheney, and 10 minutes to all Medical Lake schools. Hookups for gas (Avista) and power (Inland) are readily available. The Community Well (Clear Lake Water Users Association) is ready to add this location with a new build. Roads are snow plowed by Spokane County. The HOA is $270 per year after the build. Taxes are currently $761 per year.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Hair Salon Food Market Grocery & Convenience Store Furniture & Home Goods Grocery & Convenience Store Cafe & Coffee Shop Wine and Liquor Store Daycare Center Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Medical Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.705
    Latitude
    47.6094

    Nearby Similar for Sale

    • $385,000
      2,240 SF

      Medical Lake Duplex Investment Opportunity

      Well-positioned duplex in Medical Lake with consistent rental demand.
      316 N Silver Lake Ave, Medical Lake, WA 99022
      View Details
    • $300,000

      Waterfront Acreage on Silver Lake

      One-acre waterfront property, ready for custom lake home.
      NKA S Greenfield Ln, Medical Lake, WA 99022
      View Details
    • $159,900

      Land Near Spokane Airport

      4.89 acres of usable land near Spokane International Airport.
      16XX S Fairview Heights Rd, Medical Lake, WA 99001
      View Details
    • $310,000

      53.38 Acres Near Fairchild AFB

      Large acreage near Fairchild AFB with owner financing available.
      1111 S Dover Rd, Medical Lake, WA 99022
      View Details
    • $1,350,000

      Scenic Waterfront Land Opportunity

      11.28 acres of waterfront land with development potential.
      9212 S Silver Lake Rd, Medical Lake, WA 99022
      View Details
    • $139,950

      10-Acre Lot Near Spokane Airport

      10-acre lot near Spokane Airport with owner financing opportunity.
      S Dover Rd, Medical Lake, WA 99022
      View Details
    • $178,000

      Land with Pond Views

      10-acre property with pond views in Medical Lake, WA.
      W Page Pond Ln, Medical Lake, WA 99022
      View Details
    • $235,000

      11 Acre Lot with Utilities

      Corner lot with well, power, sheds, and pasture land.
      21720 W Washington Rd, Medical Lake, WA 99022
      View Details
    • $245,000

      Highway Frontage Farmland Opportunity

      45.3 acres with highway frontage near Fairchild Air Force Base.
      16900 W Hwy 2, Medical Lake, WA 99022
      View Details
    • $170,000

      Highway Frontage Land Near FAFB

      20.49 acres with highway frontage near Fairchild Air Force Base.
      16600 W Hwy 2, Medical Lake, WA 99022
      View Details
    • $120,000

      Medical Lake Acreage with Power

      10-acre parcel near Fairchild AFB with owner financing.
      1115 S Dover Rd, Medical Lake, WA 99022
      View Details
    • $189,999

      Land Parcel Near Fairchild AFB

      10-acre parcel near Fairchild AFB with owner financing.
      N Dover Rd, Medical Lake, WA 99022
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre lot near Clear Lake with easy highway access.
    Where is this residential land & home lot located?
    The property is located at 201xx W Waterside Ct Medical Lake, WA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1 Acre lot with Clear Lake access and amenities including boating, fishing, swimming, and camping, plus private HOA areas.; Convenient location: Just 2 minutes to I90, 15 minutes to the Airport, and 20 minutes to Fairchild AFB or Spokane.; Utilities readily available: Gas (Avista), Power (Inland), and Community Well (Clear Lake Water Users Association).
    (509) 458-4000
    We can help!
    Listing Contact
    Nate Juarez
    Real Estate License ID: 90298
    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
    201xx W Waterside Ct, Medical Lake, WA 99022
    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!