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    Bigelow Gulch Rd Spokane, WA 99217

    Sponsored
    For Sale
    $2,850,000

    17.84-acre prime land, 220 units allowed.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 17.84-acre (±777,110 square feet) parcel, located at E Bigelow Gulch Rd in Spokane, WA (zip code 99217), presents a remarkable multifamily development opportunity. The property, identified by APN 36352.9043, is zoned MDR and offers the potential to construct up to 220 multifamily residential units. Its strategic location provides convenient access to essential amenities, including nearby grocery stores, shopping centers, and various services. Furthermore, the property benefits from excellent connectivity via the new North/South freeway and the recently completed Bigelow Road, ensuring easy access to both the north side of Spokane and the valley. Public transportation is also readily available with a nearby bus route. All necessary utilities are available on-site. The asking price for this expansive land parcel is $2,850,000. This represents a significant investment opportunity in a rapidly growing area of Spokane. Detailed zoning information and development plans can be provided upon request. Don't miss this chance to acquire a substantial tract of land with exceptional development potential.

    Property Features for 0 Bigelow Gulch Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    777,110 SF

    HighLights

    • 17.84± acres (777,110± SF) land parcel.
    • 220 multifamily units permitted.
    • Utilities available on‑site.
    • Parcel #: 36352.9043, zoned MDR.
    • Excellent access via new North/South Freeway and completed Bigelow Road, providing easy North side and valley access; nearby bus routes, grocery, shopping, and services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.34660863932
    Latitude
    47.715122184373

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    FAQs

    What type of property is this?
    Multifamily property - 17.84-acre prime land, 220 units allowed.
    Where is this multifamily property located?
    The property is located at Bigelow Gulch Rd Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: 17.84± acres (777,110± SF) land parcel.; 220 multifamily units permitted.; Utilities available on-site.
    Request Owner's contact information
    Bigelow Gulch Rd Spokane, WA 99217
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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
    Bigelow Gulch Rd Spokane, WA 99217
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