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Light Industrial Land Parcel
For Sale
$300,000

Lot 5th Lot 5th Road, Spokane, WA 99224

LI-zoned land with planned utility stubs, paved-road access, and mountain and territorial views.

Property Size32,670 SF
Price / SF$9.18
Days on Market682

Property Features for Lot 5th Lot 5th Road

General Information

Standard status Active
Size 32,670 SF
Property subtype Land / Unimproved Land
Zoning LI

Amenities

A420/092
Mountain(s), Territorial
Easement, Private Road, Paved Road, See Remarks
Listing Agency: The Experience Northwest
Listed By: Robert Bond · License #138850
Source: Compass
Added: Oct 19, 2024 Changed: Aug 30 Last Checked: Aug 30 at 5:06PM

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 The Experience Northwest

Investment Insights

Based on property information with market context.

This industrial land parcel is currently zoned LI and includes an easement, private-road access, and mountain and territorial views. Utilities are planned to be stubbed on the property, supporting future development planning.

A paved road is planned along the front of the parcel, with convenient access to freeways and proximity to town. The property is slated for Spokane’s Low Density Residential designation in 2025/2026, subject to the stated planning timeline.

Key Highlights

  • Currently zoned LI for light industrial use
  • Utilities planned to be stubbed on the property
  • Paved road planned at the front of the parcel

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Butcher Parking Lot & Garage Cafe & Coffee Shop Building Supply

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

173
Businesses Nearby

Demographics for 99224, WA

24,085
Population
10,559
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
118.8 sq mi
ZIP Area
203
Density / Sq Mi
$76,785
Median Household Income
$50,678
Median Earnings
$1,290
Median Rent
$439,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - LI-zoned land with planned utility stubs, paved-road access, and mountain and territorial views.
Where is this industrial land located?
The property is located at Lot 5th Lot 5th Road Spokane, WA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Currently zoned LI for light industrial use; Utilities planned to be stubbed on the property; Paved road planned at the front of the parcel
More about this property
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