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Residential Land Development Opportunity
For Sale
$159,000

657 South S Thor Street Unit 659 S THOR ST, Spokane, WA 99202

Two parcels near I-90, University District, and Downtown Spokane.

Property Size12,635 SF
Lot Size0.29 Acres
Price / SF$12.58
Days on Market179

Property Features for 657 South S Thor Street Unit 659 S THOR ST

General Information

Standard status Active
Size 12,635 SF
Lot size 0.29 Acres
Property subtype Land / Unimproved Land
Zoning R2

Taxes and HOA fees

Annual Taxes $882

Amenities

A110/071
Territorial
City Street
Listing Agency: COBALT BROKERS
Listed By: William Hoss Evey · License #133702
Source: Compass
Added: Feb 12 Changed: Aug 8 Last Checked: Jul 16 at 6:55AM

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 COBALT BROKERS

Investment Insights

Based on property information with market context.

This development opportunity includes two contiguous parcels totaling 12,635 square feet (0.29 acres MOL) with 95 feet of frontage on S Thor St. The property is zoned R2 (Residential 2) within the City of Spokane, supporting high-density infill. A Preliminary Short Plat (Project #Z24-118PSP) has been filed to subdivide the site into 6 residential townhome lots. The sale includes Parcel 35223.0204 and Parcel 35223.0228. A Boundary Line Adjustment (BLA) is accounted for in the 95-foot frontage and 133-foot depth dimensions. The site features alley access to the East, and all municipal utilities are available in the adjacent right-of-way. It is ideally located with immediate access to I-90, the University District, and Downtown Spokane. The buyer is responsible for verifying all final platting requirements, utility capacities, and building permit specifications with the City of Spokane.

Key Highlights

  • Development opportunity: Two contiguous parcels totaling 12,635 sq. ft. (0.29 acres MOL).
  • Zoned R2 (Residential 2) supporting high‑density infill.
  • Preliminary Short Plat filed to subdivide into 6 residential townhome lots (Project #Z24‑118PSP).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Gym & Fitness Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Law Firm

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

388
Businesses Nearby

Demographics for 99202, WA

21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two parcels near I-90, University District, and Downtown Spokane.
Where is this residential land & home lot located?
The property is located at 657 South S Thor Street Unit 659 S THOR ST Spokane, WA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Development opportunity: Two contiguous parcels totaling 12,635 sq. ft. (0.29 acres MOL).; Zoned R2 (Residential 2) supporting high‑density infill.; Preliminary Short Plat filed to subdivide into 6 residential townhome lots (Project #Z24‑118PSP).
More about this property
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