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Urban Reserve Residential Acreage
For Sale
$350,000

8721 North 5 Mile Road, Spokane, WA 99208

A 1.27-acre level parcel with paved road frontage, power on site, and city water available for flexible development.

Property Size55,321 SF
Price / SF$6.33
Days on Market149

Property Features for 8721 North 5 Mile Road

General Information

Standard status Active
Size 55,321 SF
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $1,760

Amenities

A331/057
Paved Road, City Street
Listing Agency: Windermere North
Listed By: Robert Milliron · License #3411
Source: Compass
Added: Mar 31 Changed: Aug 23 Last Checked: Aug 14 at 7:51AM

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 Windermere North

Investment Insights

Based on property information with market context.

This offering is a 1.27-acre parcel suited for residential development or other allowed uses under its Urban Reserve (UR) zoning. The land is described as level and usable, with paved road frontage and territorial views. An existing outbuilding is included, and power is reported to be on site with city water available. Multiple building sites are referenced, supported by utilities already in place.

The property is located at 8721 North 5 Mile Road in Spokane, WA 99208, with access via a paved roadway. The public remarks also indicate the parcel is within the Mead School District and is minutes from shopping, dining, and everyday amenities.

The seller has building plans included for a 2,276 square foot daylight rancher with a 2-car garage plus RV garage, along with plans for a 1,600 square foot shop.

Key Highlights

  • 1.27‑acre level parcel with paved road frontage on Five Mile Prairie
  • Power is on site and city water is available
  • Zoned Urban Reserve (UR) with flexibility for residential development, small‑scale agricultural uses, or future investment

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Gym & Fitness Center

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

36
Businesses Nearby

Demographics for 99208, WA

58,531
Population
24,273
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
1,202
Density / Sq Mi
$81,084
Median Household Income
$45,733
Median Earnings
$1,226
Median Rent
$414,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 1.27-acre level parcel with paved road frontage, power on site, and city water available for flexible development.
Where is this residential land & home lot located?
The property is located at 8721 North 5 Mile Road Spokane, WA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1.27‑acre level parcel with paved road frontage on Five Mile Prairie; Power is on site and city water is available; Zoned Urban Reserve (UR) with flexibility for residential development, small‑scale agricultural uses, or future investment
More about this property
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