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    12002 Sunset Hwy Airway Heights, WA 99001

    Sponsored
    For Sale
    $949,815

    8.72 acres, Hwy 2 frontage, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.72-acre commercial land parcel presents a unique investment opportunity in Airway Heights, Washington. Located on Highway 2, this property boasts 820 feet of highway frontage, ensuring high visibility and accessibility. The property is zoned for General Commercial and Light Industrial uses, offering a wide range of development possibilities. Its strategic location is less than 10 miles from Downtown Spokane, providing easy access to a thriving urban center and a large workforce. The area is already home to a variety of established businesses, including Zak Designs, KFC, Panda Express, Zips, AutoZone, and Cenex, creating a strong and diverse commercial environment. This parcel is part of a larger offering of six parcels, ranging in size from 4.55 to 36.27 acres, and offering a combined total of 1,579,929 square feet. The parcels can be purchased individually or as a portfolio, providing flexibility for investors with varying needs and scales of operation. The asking price for this specific 8.72-acre parcel is $949,815. This is an ideal location for businesses seeking high visibility, convenient access, and a strong surrounding commercial presence. Don't miss this chance to acquire a piece of prime commercial real estate in a rapidly growing area.

    Property Features for 12002 Sunset Hwy

    General Information

    Property type
    Land
    Lot Size
    379,843 SF

    HighLights

    • $949,815 asking price for 8.72 acres of commercial land.
    • Located at 12002 W Sunset Hwy, Airway Heights, WA 99001.
    • Zoned for General Commercial and Light Industrial use.
    • Less than 10 miles from Downtown Spokane.
    • Features 820 feet of Highway 2 frontage.
    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 Wholesale Shop Hair Salon 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 - 8.72 acres, Hwy 2 frontage, prime location.
    Where is this land located?
    The property is located at 12002 Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $949,815.
    What are key features of this property?
    This property features: $949,815 asking price for 8.72 acres of commercial land.; Located at 12002 W Sunset Hwy, Airway Heights, WA 99001.; Zoned for General Commercial and Light Industrial use.
    (509) 344-4909
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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
    12002 Sunset Hwy Airway Heights, WA 99001
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