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    00000 Fairwood, WA 99208

    Sponsored
    For Sale
    $400,000

    8 Acres, R1 Zoning, $400,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.05-acre parcel presents a remarkable opportunity for residential development. Located in Spokane, Washington, on 9 Mile Road, this property boasts an R1 zoning designation, ideal for a variety of residential projects. The expansive lot size offers significant potential for building single-family homes, townhouses, or other residential structures, subject to all necessary approvals and permits. The property's address is 00000, Spokane, WA 99208, and its precise location is 47.71849964264559 latitude and -117.48484686270355 longitude. The Assessor's Parcel Number (APN) is 26274.0015, providing easy identification and verification. This land offers a unique chance to capitalize on the growing residential market in the Fairwood area. The asking price for this significant development opportunity is $400,000. Detailed site plans and further information are available upon request. All interested parties are encouraged to conduct their own due diligence regarding zoning regulations, building codes, and potential development costs. This is a rare opportunity to acquire a substantial tract of land in a desirable location, ready for your vision.

    Property Features for 0 00000

    General Information

    Property type
    Land
    Lot Size
    350,658 SF

    HighLights

    • 8‑acre residential development parcel in Spokane, WA.
    • Located on 9 Mile Road, R1 zoning.
    • Assessor's Parcel Number: 26274.0015.
    • Asking price: $400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairwood
    County
    Spokane
    State
    Washington
    Longitude
    -117.4848468627
    Latitude
    47.718499642646

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      Spokane Retail Shopping Center

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    FAQs

    What type of property is this?
    Land - 8 Acres, R1 Zoning, $400,000
    Where is this land located?
    The property is located at 00000 Fairwood, WA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 8-acre residential development parcel in Spokane, WA.; Located on 9 Mile Road, R1 zoning.; Assessor's Parcel Number: 26274.0015.
    (509) 279-0249
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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
    00000 Fairwood, WA 99208
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