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    4626 Dowdy Rd Spokane, WA 99224

    Sponsored
    For Sale
    $2,045,000

    Prime Spokane location, flexible zoning, high visibility.

    Property size:
    166,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 4626 & 4612 S Dowdy Rd in Spokane, WA, offers 166,834 square feet on a 3.83-acre lot. Priced at $2,045,000 ($12.26/sq ft), this Class A property boasts a four-story building with flexible zoning, suitable for a variety of uses including hospitality, industrial, mixed-use, office, and self-storage. The property features I-90 frontage, providing excellent visibility and accessibility. Its strategic location offers convenient access to downtown Spokane (6 minutes away) and Spokane International Airport (5 minutes away). All public utilities are in place, including city sewer and water, Inland Power and Light electricity, and Avista gas. The property is situated across the street from a new Cambria Hotel and near several established businesses such as Amazon, Douglass Legacy Park, and CAT. This is the last remaining small parcel fronting I-90, making it a truly unique opportunity. The property's parcel numbers are 24051.0505 and 24051.0504. The land value is $12.25/SF. This owner/user investment opportunity presents a rare chance to acquire a prime commercial property in a thriving Spokane location. The property is zoned for a wide range of commercial uses, including hospitality, retail, and medical.

    Property Features for 4626 Dowdy Rd

    General Information

    Property type
    Medical offices
    Square Feet
    166,834 SF
    Class
    A

    Building Details

    Stories
    4

    HighLights

    • 4626 & 4612 S Dowdy Rd, Spokane, WA
    • Parcels 24051.0505 & 24051.0504
    • 535' frontage on I‑90 & Geiger Blvd at Dowdy Rd
    • All utilities available: City of Spokane (water/sewer), Inland Power & Light (electric), Avista (gas)
    • Last permit‑ready I‑90‑fronting parcel
    • Across from planned Cambria Hotel
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Storage Facility Bakery Travel Agency Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.523264
    Latitude
    47.610942

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    FAQs

    What type of property is this?
    Medical office - Prime Spokane location, flexible zoning, high visibility.
    Where is this medical office located?
    The property is located at 4626 Dowdy Rd Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,045,000.
    What are key features of this property?
    This property features: 4626 & 4612 S Dowdy Rd, Spokane, WA; Parcels 24051.0505 & 24051.0504; 535' frontage on I-90 & Geiger Blvd at Dowdy Rd
    Request Owner's contact information
    4626 Dowdy Rd Spokane, WA 99224
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    Spokane, WA 99224
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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
    4626 Dowdy Rd Spokane, WA 99224
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