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    27000 Block Cheney, WA 99004

    Sponsored
    For Sale
    $3,155,707

    Prime Washington farmland, hunting, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Showalter Farm presents a unique investment opportunity encompassing 1,017 acres of land in Cheney, Washington, conveniently located on the 27000 block of S Pine Springs Rd, zip code 99004. This expansive property consists of five parcels, totaling 1017.97 acres. The primary parcel, APN 02091.9001, is zoned RCV (Rural Conservation), while the remaining parcels are zoned RT (Rural Traditional). The property boasts over 5,000 feet of road frontage, providing excellent accessibility. Its versatile zoning allows for a variety of uses, from continuing its current agricultural operation to exploring potential development options. The abundant acreage also makes it an ideal location for hunting and recreational activities. The asking price for this exceptional property is $3,155,707. This is a rare opportunity to acquire a significant land holding with diverse potential in a desirable location. Serious inquiries are encouraged.

    Property Features for 27000 Block

    General Information

    Property type
    Farms
    Lot Size
    44,300,520 SF

    HighLights

    • 1,017‑acre land investment opportunity in Cheney, WA.
    • Located on the 27000 block of S Pine Springs Rd, zip code 99004.
    • Five parcels totaling 1017.97 acres; primary parcel APN 02091.9001 zoned RCV, others zoned RT.
    • Over 5,000 feet of road frontage.
    • Versatile zoning allows for agriculture or development.
    • Ideal for hunting and recreation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.7577614
    Latitude
    47.4011021

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    FAQs

    What type of property is this?
    Farm - Prime Washington farmland, hunting, development potential.
    Where is this farm located?
    The property is located at 27000 Block Cheney, WA.
    What is the asking price?
    The asking price for this property is $3,155,707.
    What are key features of this property?
    This property features: 1,017-acre land investment opportunity in Cheney, WA.; Located on the 27000 block of S Pine Springs Rd, zip code 99004.; Five parcels totaling 1017.97 acres; primary parcel APN 02091.9001 zoned RCV, others zoned RT.
    Request Owner's contact information
    27000 Block Cheney, WA 99004
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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
    27000 Block Cheney, WA 99004
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