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    12003 Sunset Hwy Airway Heights, WA 99001

    Sponsored
    For Sale
    $1,122,000

    Prime 5.15-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.15-acre commercial land parcel, located at 12003 W Sunset Hwy in Airway Heights, WA 99001, presents a unique investment opportunity. Priced at $1,122,000, this property boasts 820 feet of Highway 2 frontage, offering unparalleled visibility and accessibility. The zoning allows for General Commercial and Light Industrial uses, providing flexibility for a wide range of development possibilities. Its strategic location is less than 10 miles from Downtown Spokane, ensuring convenient access to a thriving urban center. The property benefits from a strong commercial presence in the immediate vicinity, with established neighbors including Zak Designs, KFC, Panda Express, Zips, AutoZone, and Cenex, among others. This parcel is part of a larger offering of four available parcels, providing the option to acquire additional acreage to meet specific development needs. The property's size and location make it ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.

    Property Features for 12003 Sunset Hwy

    General Information

    Property type
    Land
    Lot Size
    224,334 SF

    HighLights

    • Six parcels available for sale in Airway Heights.
    • 820 feet of Highway 2 frontage.
    • Parcels can be purchased individually or as a portfolio.
    • Less than 10 miles to downtown Spokane.
    • Zoned General Commercial and Light Industrial.
    • Strong tenant mix nearby, including Zak Designs, KFC, Panda Express, Zips, AutoZone, and Cenex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.57961944416
    Latitude
    47.642881380486

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    FAQs

    What type of property is this?
    Land - Prime 5.15-acre commercial lot.
    Where is this land located?
    The property is located at 12003 Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $1,122,000.
    What are key features of this property?
    This property features: Six parcels available for sale in Airway Heights.; 820 feet of Highway 2 frontage.; Parcels can be purchased individually or as a portfolio.
    (509) 344-4909
    Request Owner's contact information
    12003 Sunset Hwy Airway Heights, WA 99001
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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
    12003 Sunset Hwy Airway Heights, WA 99001
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