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    28312 Newport Hwy Chattaroy, WA 99003

    For Lease
    Contact for pricing

    25,000 sq ft lot, excellent location

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land parcel, located at 28312 N Newport Hwy in Chattaroy, WA 99003, presents a unique investment opportunity. The property boasts a generous 25,000 square feet of usable land, ideal for a variety of commercial ventures. With a total lot size of 92,347 square feet, there is ample space for development and expansion. The property is designated for single-tenant occupancy, offering a streamlined approach to leasing and management. Situated in Chattaroy, Washington, this location offers convenient access to key transportation routes and amenities, making it an attractive proposition for businesses seeking a strategic foothold in the region. The property's size and location make it suitable for a wide range of commercial uses, from light industrial to retail, subject to local zoning regulations. This is a blank canvas for your next commercial project. The latitude and longitude coordinates are 47.9146969, -117.3484676, allowing for easy location verification and mapping. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location. Serious inquiries are encouraged. The property is currently available for lease.

    Property Features for 28312 Newport Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    25,000 SF

    HighLights

    • 25,000 SF land parcel.
    • Existing mini‑storage building available for lease or demolition.
    • Ideal for restaurant or coffee drive‑thru development.
    • No grocery or tobacco sales permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Kitchen & Bath Bar & Pub Plumbing Service Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattaroy
    County
    Spokane
    State
    Washington
    Longitude
    -117.3484676
    Latitude
    47.9146969

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    FAQs

    What type of property is this?
    Land - 25,000 sq ft lot, excellent location
    Where is this land located?
    The property is located at 28312 Newport Hwy Chattaroy, WA.
    What are key features of this property?
    This property features: 25,000 SF land parcel.; Existing mini-storage building available for lease or demolition.; Ideal for restaurant or coffee drive-thru development.
    Request Owner's contact information
    28312 Newport Hwy Chattaroy, WA 99003
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    Chattaroy, WA 99003
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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
    28312 Newport Hwy Chattaroy, WA 99003
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