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    12061 Sunset Hwy Airway Heights, WA 99001

    Sponsored
    For Sale
    $5,917,250

    Prime Airway Heights location, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in Airway Heights, Washington. Comprising four parcels totaling 820 feet of frontage along Highway 2, this property boasts unparalleled visibility and accessibility. Located less than 10 miles from downtown Spokane, this strategic location benefits from high traffic counts and proximity to a thriving commercial corridor. The parcels are zoned for General Commercial and Light Industrial uses, providing flexibility for a wide range of development possibilities. The property's asking price is $5,917,250. Individual parcels are also available for sale separately. This prime location is surrounded by established businesses, including Zak Designs, KFC, Panda Express, Zips, AutoZone, and Cenex, creating a strong and vibrant commercial environment. The address is 12061 W Sunset Hwy, Airway Heights, WA 99001, within Spokane County. This is an ideal opportunity for developers seeking high-impact commercial real estate in a rapidly growing area. The land is situated at latitude 47.6429172 and longitude -117.5799533. Contact us today to explore the potential of this remarkable property.

    Property Features for 12061 Sunset Hwy

    General Information

    Property type
    Land
    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
    -117.5799533
    Latitude
    47.6429172

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    FAQs

    What type of property is this?
    Land - Prime Airway Heights location, high visibility.
    Where is this land located?
    The property is located at 12061 Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $5,917,250.
    (509) 344-4909
    Request Owner's contact information
    12061 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
    12061 Sunset Hwy Airway Heights, WA 99001
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