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    105 Falcon Ave Spokane, WA 99218

    Sponsored
    For Lease
    Contact for pricing

    Mixed-use land, 0.96 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.96-acre commercial land parcel presents a unique investment opportunity in Spokane, Washington. Located at 105 E Falcon Avenue, this property is zoned for mixed use, offering considerable flexibility for development. The single-tenant designation provides a clear path for future projects, eliminating the complexities of multi-tenant management. The property's APN is 36083.0807, situated within Spokane County, WA, and conveniently located at 47.761818 latitude and -117.408076 longitude. Its prime location in Spokane, WA, zip code 99218, offers excellent access to transportation networks and local amenities. This versatile land parcel is ideal for a variety of commercial ventures, allowing for creative and profitable development. The mixed-use zoning opens doors to a wide range of possibilities, from retail and office spaces to light industrial uses. Serious inquiries are encouraged to explore the potential of this strategically located property and capitalize on its significant development potential within the thriving Spokane market. This is a rare opportunity to acquire a sizable, well-situated commercial land parcel in a dynamic and growing area. Don't miss out on this chance to build your vision in a prime Spokane location.

    Property Features for 105 Falcon Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 0.96‑acre lot (approx. 41,870 SF).
    • Mixed‑use zoning; buyer to verify permitted uses with Spokane County.
    • Excellent location with convenient Hwy 395 and North Division Street access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.408076
    Latitude
    47.761818

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    FAQs

    What type of property is this?
    Land - Mixed-use land, 0.96 acres.
    Where is this land located?
    The property is located at 105 Falcon Ave Spokane, WA.
    What are key features of this property?
    This property features: 0.96-acre lot (approx. 41,870 SF).; Mixed-use zoning; buyer to verify permitted uses with Spokane County.; Excellent location with convenient Hwy 395 and North Division Street access.
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    Spokane, WA 99218
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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
    105 Falcon Ave Spokane, WA 99218
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