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    Monroe St Spokane, WA 99201

    Sponsored
    For Sale
    $755,000

    High-traffic corner lot, CC2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.39-acre commercial land parcel, located at the high-traffic corner of W Boone Avenue and N Monroe Street in Spokane, Washington (zip code 99201), presents a unique investment opportunity. Priced at $755,000 ($43.99 per square foot), this property boasts approximately 17,164 square feet of land and offers significant development potential. The property features approximately 85 feet of frontage on Boone Avenue, providing excellent visibility and accessibility. Convenient secondary alley access is also available. The parcel is zoned CC2, allowing for a variety of commercial uses. The Assessor's Parcel Number (APN) is 35182.3210. This prime location in Spokane County, Washington, offers easy access to major transportation routes and a thriving commercial district. The property's size and zoning make it ideal for a range of commercial ventures. Don't miss this chance to acquire a valuable piece of Spokane real estate.

    Property Features for 0 Monroe St

    General Information

    Property type
    Land
    Lot Size
    16,988 SF

    HighLights

    • Purchase Price: $755,000 ($43.99 PSF)
    • Site Size: ±0.39 Acres (±17,164 SF)
    • Assessor's Parcel Number (APN): 35182.3210
    • High‑traffic corner lot in Spokane, WA
    • ±85' of frontage on Boone Avenue
    • Secondary alley access
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4266638
    Latitude
    47.6680325

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, CC2 zoning.
    Where is this land located?
    The property is located at Monroe St Spokane, WA.
    What is the asking price?
    The asking price for this property is $755,000.
    What are key features of this property?
    This property features: Purchase Price: $755,000 ($43.99 PSF); Site Size: ±0.39 Acres (±17,164 SF); Assessor's Parcel Number (APN): 35182.3210
    Request Owner's contact information
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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
    Monroe St Spokane, WA 99201
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