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    10525 Sunset Hwy Spokane, WA 99224

    Sponsored
    For Lease
    $0.87 SF/Yr

    Prime location, high traffic, build-to-suit.

    Lot size:
    101,495 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 101,495 square foot commercial lot presents a unique investment opportunity in the thriving Airway Heights area of Spokane County. Situated directly across Sunset Highway from a Walmart Supercenter and adjacent to a Washington Trust Bank branch, this property boasts unparalleled visibility and accessibility. The site is zoned for commercial use, making it ideal for a variety of developments, including retail, restaurant, or other commercial ventures. The single-tenant zoning allows for a streamlined development process. Given its prime location in a rapidly expanding area, this lot is perfectly positioned to capitalize on the significant growth and high traffic volume of Sunset Highway. The property is available for ground lease or build-to-suit options, offering flexibility to potential investors and developers. This presents a rare chance to secure a prominent location in a high-demand area, offering substantial potential for long-term growth and return on investment. The property's proximity to established businesses ensures a strong customer base and high foot traffic, making it an attractive proposition for businesses seeking a strategic location with excellent visibility. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land opportunity.

    Property Features for 10525 Sunset Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,495 SF

    Unit(s) available at that property

    Space
    Size
    101,495 SF
    Rate per SF
    $0.87

    HighLights

    • Prime 101,495 sq. ft. commercial lot in Airway Heights.
    • Single‑tenant opportunity.
    • Commercial zoning in Spokane County.
    • Located across from Walmart and adjacent to Washington Trust Bank on Sunset Highway.
    • Suitable for ground lease or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.5579550871
    Latitude
    47.642939740683

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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, build-to-suit.
    Where is this restaurant located?
    The property is located at 10525 Sunset Hwy Spokane, WA.
    What is the lease rate?
    The lease rate is $0.87 SF/Yr.
    What are key features of this property?
    This property features: Prime 101,495 sq. ft. commercial lot in Airway Heights.; Single-tenant opportunity.; Commercial zoning in Spokane County.
    Request Owner's contact information
    10525 Sunset Hwy Spokane, WA 99224
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    Spokane, WA 99224
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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
    10525 Sunset Hwy Spokane, WA 99224
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