Listing Agency: First Western Properties, Inc. Tacoma

Listed By: Carrie Walker · License #WA

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Sep 3 at 4:37AM

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Investment Insights

Based on property information with market context.

This commercial land offering is structured for a new ground lease and is identified for drive-through development. The site’s setting at a lighted intersection supports access connected with Walmart, while signage opportunities are also available.

The property is near Costco, Home Depot, and Lowe’s, with access from I-90. Its retail-oriented surroundings and stated drive-through use make the parcel suited to a commercial development concept requiring visibility and convenient regional access.

Key Highlights

• Drive‑through ground lease development opportunity
• Located at a lighted intersection serving access into Walmart
• Near Costco, Home Depot, and Lowe’s

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Real Estate Agency Parking Lot & Garage Nail Salon Dental Office Veterinary Clinic

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

456

Businesses Nearby

Explore this area Business Placement

Demographics for 99212, WA

21,672

Population

9,496

Households

2.3

Avg Household Size

41

Median Age

27%

College-Educated

93%

High-School Grad

12.3 sq mi

ZIP Area

1,762

Density / Sq Mi

$66,250

Median Household Income

$39,829

Median Earnings

$1,184

Median Rent

$314,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Ground lease format supports a drive-through development concept at a lighted retail access point.

Where is this commercial land located?

The property is located at 4603 E Sprague Ave Spokane Valley, WA.

What are key features of this property?

This property features: Drive‑through ground lease development opportunity; Located at a lighted intersection serving access into Walmart; Near Costco, Home Depot, and Lowe’s