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    Russell St Airway Heights, WA 99001

    Sponsored
    For Sale
    $875,000

    8.24 Acres, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.24-acre parcel presents a prime development opportunity in Airway Heights, Washington. Located on S Russell Street, this property boasts Light Industrial (LI) zoning, ideal for a variety of uses including warehousing, manufacturing, assembly, research and development, and commercial services. The ±358,788 square foot lot is priced at $875,000, or $2.44 per square foot. Its strategic location near Highway 2 ensures excellent accessibility and high visibility, making it an attractive investment in a rapidly growing area with a strong economic outlook. The property's APN is 15252.0158, and its address is NKA, Airway Heights, WA 99001. This site offers significant potential for businesses seeking a well-situated location within Spokane County to establish or expand their operations. The property's zoning allows for a diverse range of industrial and commercial uses, catering to a wide spectrum of business needs. The convenient access to major transportation routes further enhances its appeal, promising seamless logistics and efficient distribution networks. This is a rare opportunity to acquire a substantial land holding in a thriving area poised for continued growth.

    Property Features for 0 Russell St

    General Information

    Property type
    Land
    Lot Size
    358,934 SF

    HighLights

    • $875,000 asking price for 8.24 acres of vacant industrial land.
    • Located in Airway Heights, WA, with LI zoning.
    • Excellent accessibility and visibility near Highway 2 in a high‑growth area.
    • Suitable for warehousing, manufacturing, assembly, R&D, and commercial services.
    • APN: 15252.0158.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.58254460777
    Latitude
    47.637854469342

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    FAQs

    What type of property is this?
    Land - 8.24 Acres, Light Industrial Zoning
    Where is this land located?
    The property is located at Russell St Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: $875,000 asking price for 8.24 acres of vacant industrial land.; Located in Airway Heights, WA, with LI zoning.; Excellent accessibility and visibility near Highway 2 in a high-growth area.
    Request Owner's contact information
    Russell St Airway Heights, WA 99001
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    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
    Russell St Airway Heights, WA 99001
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