Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Buildable Land in Elk, WA Title is generated by Realmo AI

    706 mccammon Rd, Elk, WA 99009

    View on Map
    Claim this Listing
    New
    For Sale
    $125,000

    LAND - Elk, WA

    Lot size:
    5.00 Acres
    Added:
    May 28, 2026
    Days on Market:
    2
    Last Refresh:
    May 29 at 7:06 pm

    Property Features for 706 mccammon Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.00 Acres

    We can help!

    Listing Contact
    Ryan Stoker

    Listing agent Ryan Stoker License #105723

    Listing office RE/MAX Citibrokers 2607 S Southeast Blvd - Ste A1, Spokane, WA

    Listing date May 28, 2026

    MLS# 202618214 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

    • Buildable 5 acre parcel, ready for your dream home.
    • Private retreat offering nature and privacy.
    • Enjoy no HOA, no noise, and no stress.
    • Close proximity to Deer Park shopping and medical facilities.
    • Year‑round access.
    • Treed and gently sloped land with abundant wildlife.

    Overview

    This is a 5-acre buildable parcel that has been freshly divided from 704 Mccammon Rd. The property is located on a dead-end road. The land is treed and gently sloped. It is located a few minutes from Deer Park shopping and medical facilities. The roads to the property are mostly paved. The parcel is located in Elk, WA.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Elk
    County
    Spokane
    State
    Washington
    Longitude
    -117.276
    Latitude
    48.03

    Nearby Similar for Sale

    • $194,500

      Elk, WA Land Parcel

      4.82 acre commercial land parcel in Elk, Washington.
      39xxx N Newport Hwy, Elk, WA 99009
      View Details
    • $129,900

      Secluded 10-Acre Parcel in Elk

      Secluded 10-acre parcel in Elk, WA, ideal for recreation.
      151XX E Oregon Rd, Elk, WA 99009
      View Details
    • $184,000

      ELK, WA Acreage with Views

      11.94 acres with mountain views, well, and solar.
      12818 BRIDGES RD, ELK, WA 99009
      View Details
    • $225,000

      Secluded Land Parcel Near Spokane

      20-acre parcel near Eloika & Fan Lakes, perfect for recreation.
      682 Henry Rd, Elk, WA 99009
      View Details
    • $129,900

      Secluded 10-Acre Parcel in Elk, WA

      10 acres of land in Elk, WA, abundant with wildlife.
      151XX E Oregon Rd, Elk, WA 99009
      View Details
    • $220,000

      Ready-to-Build Land Parcel in Elk

      4+ acre corner parcel with utilities ready for your dream home.
      12351 E Bridges Rd, Elk, WA 99009
      View Details
    • $299,000

      Land by Little Spokane River

      10-acre waterfront land with multiple building sites and river access.
      Suther Ln, Elk, WA 99009
      View Details
    • $595,000

      130 Acres of Timbered Land

      Private 130-acre property near Elk, WA with recreational opportunities.
      NNA Undisclosed Address, Elk, WA 99009
      View Details
    • $174,000

      Pastureland with Mountain Views

      9.92 acres of gently rolling pastureland near Mt. Spokane.
      Elk Chattaroy Rd, Elk, WA 99009
      View Details
    • $190,000

      LAND - Elk, WA

      15015 E Eistrup Rd, Elk, WA 99009
      View Details
    • $75,000

      Elk, WA Land Parcel

      11.94 acres in Elk, WA with mountain views.
      13801 E Bridges Rd, Elk, WA 99009
      View Details
    • $190,000
      666,468 SF

      Elk Acreage with Utilities

      15.3 acres in Elk with power, well, and septic.
      15015 East Eistrup Road, Elk, WA 99009
      View Details

    FAQs

    What type of property is this?
    Land - 5-acre buildable parcel near Deer Park shopping and medical facilities.
    Where is this land located?
    The property is located at 706 mccammon Rd Elk, WA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Buildable 5 acre parcel, ready for your dream home.; Private retreat offering nature and privacy.; Enjoy **no HOA, no noise, and no stress**.
    (509) 953-9539
    We can help!
    Listing Contact
    Ryan Stoker
    Real Estate License ID: 105723
    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
    706 mccammon Rd, Elk, WA 99009
    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!