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    14740 Indiana Ave Spokane Valley, WA 99216

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    For Sale
    Contact for pricing

    Prime Commercial/Residential Land, Build-to-Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 63,693 square foot land parcel presents a unique investment opportunity situated directly in front of Macy's at the Spokane Valley Mall in Spokane Valley, Washington. The property, located at 14740 E Indiana Ave, offers unparalleled visibility and accessibility, benefiting from its prominent position adjacent to a major retail anchor. This ground lease presents a blank canvas for developers seeking to capitalize on the high traffic volume generated by the mall's extensive customer base. The location provides easy access to and from the mall entrances, ensuring high visibility and convenient access for potential tenants. The property's zoning allows for both commercial and residential development, providing flexibility for a range of projects. The "build-to-suit" option allows for customized development tailored to specific business needs, maximizing the potential return on investment. This prime location in Spokane Valley, WA, zip code 99216, offers a strategic advantage for businesses seeking to establish a presence in a thriving retail environment. The property's size and location make it ideal for a variety of commercial ventures or mixed-use developments. Serious inquiries are encouraged to explore the possibilities of this exceptional land parcel. The coordinates are 47.6724104 latitude and -117.204843 longitude.

    Property Features for 14740 Indiana Ave

    General Information

    Property type
    Land

    HighLights

    • High‑traffic location directly in front of Macy's.
    • Excellent access to Spokane Valley Mall entrances.
    • Build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Estee Lauder Cosmetics Store Macy's Locker Room ... Hat Shop Finish Line (located ... Shoe Store Spokane Valley - Lot ... Parking Lot Spokane Valley - Lot ... Parking Lot

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.204843
    Latitude
    47.6724104

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, Build-to-Suit
    Where is this land located?
    The property is located at 14740 Indiana Ave Spokane Valley, WA.
    What are key features of this property?
    This property features: High-traffic location directly in front of Macy's.; Excellent access to Spokane Valley Mall entrances.; Build-to-suit options available.
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    Realmo Value Estimation

    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.

    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.

    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
    14740 Indiana Ave Spokane Valley, WA 99216
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