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    4224 Riverside Ave Spokane, WA 99202

    Sponsored
    For Lease
    $0.72 SF/Yr

    Secure Outside Storage Yard - 1.5 Acres

    Lot size:
    65,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5-acre (65,340 sq ft) industrial/commercial land parcel presents a unique investment opportunity in Spokane County, Washington. Ideally situated just north of the Sprague and Havana intersection, this property offers a fully secured outside storage yard, perfect for various commercial uses. Currently undergoing improvements, the site features perimeter fencing and gated access from Havana Street. An additional shared access point off Main Avenue is also available, with a gate currently being installed to enhance security and convenience. The property is in the process of being cleared, ensuring a clean and ready-to-use space for your business needs. The single-tenant configuration provides flexibility and control, making it an attractive option for businesses seeking secure outdoor storage solutions. Its prime location offers excellent accessibility and visibility, making it an ideal choice for companies requiring convenient access to major transportation routes. This is a rare opportunity to acquire a well-located, secure, and easily accessible industrial land parcel in a thriving Spokane County market. The property's size and features make it suitable for a wide range of storage-intensive businesses. Act quickly to secure this valuable asset.

    Property Features for 4224 Riverside Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,340 SF

    Unit(s) available at that property

    Space
    Size
    65,340 SF
    Rate per SF
    $0.72

    HighLights

    • 1.5‑acre industrial/commercial land parcel in Spokane County.
    • 65,340 square foot lot.
    • Single‑tenant property.
    • Fully secured outside storage yard.
    • Located near the intersection of Sprague and Havana.
    • Gated access from Havana Street and shared access from Main Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply 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
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.34706273344
    Latitude
    47.658210187641

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    FAQs

    What type of property is this?
    Land - Secure Outside Storage Yard - 1.5 Acres
    Where is this land located?
    The property is located at 4224 Riverside Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $0.72 SF/Yr.
    What are key features of this property?
    This property features: 1.5-acre industrial/commercial land parcel in Spokane County.; 65,340 square foot lot.; Single-tenant property.
    Request Owner's contact information
    4224 Riverside Ave Spokane, WA 99202
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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
    4224 Riverside Ave Spokane, WA 99202
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