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    Craig Rd Medical Lake, WA 99022

    For Lease
    Contact for pricing

    38 Acres, Single Tenant Opportunity, WA

    Lot size:
    1,675,318 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 38.46-acre industrial land parcel presents a unique investment opportunity in Spokane County, Washington. Located on S Craig Rd in Airway Heights, near Medical Lake, this single-tenant property offers significant potential for development or expansion. The property's convenient location provides easy access to major transportation routes, facilitating efficient logistics and distribution. Situated in the 99022 zip code, this expansive site boasts a prime location within a thriving industrial sector. The land's size allows for substantial flexibility in development plans, accommodating a wide range of industrial uses. With its substantial acreage and strategic location, this property represents a compelling investment opportunity for businesses seeking to establish or expand their operations in the Spokane County area. The property is classified as industrial land and is suitable for a single tenant. Detailed site surveys and environmental assessments are available upon request. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a growing market. The property's location offers excellent visibility and accessibility, making it an ideal site for a variety of industrial projects. Serious inquiries are encouraged to explore the possibilities of this exceptional property. Further information regarding zoning and permitted uses is readily available.

    Property Features for 0 Craig Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,675,318 SF

    Unit(s) available at that property

    Space
    Size
    1,675,318 SF

    HighLights

    • 38.46‑acre industrial land parcel in Spokane County, WA.
    • Located on S Craig Rd, Airway Heights, near Medical Lake.
    • Zoned Light Industrial, suitable for lease or build‑to‑suit.
    • Excellent access to major transportation routes.
    • Single‑tenant property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Medical Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.60410321059
    Latitude
    47.618880586273

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      Airway Heights Warehouse Space Available

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Land - 38 Acres, Single Tenant Opportunity, WA
    Where is this land located?
    The property is located at Craig Rd Medical Lake, WA.
    What are key features of this property?
    This property features: 38.46-acre industrial land parcel in Spokane County, WA.; Located on S Craig Rd, Airway Heights, near Medical Lake.; Zoned Light Industrial, suitable for lease or build-to-suit.
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    Craig Rd Medical Lake, WA 99022
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    Medical Lake, WA 99022
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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
    Craig Rd Medical Lake, WA 99022
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