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    12001 Sunset Hwy Airway Heights, WA 99001

    For Sale
    $1,055,530

    Prime Hwy 2 Commercial Land, Spokane County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional commercial land opportunity in Airway Heights, Washington, encompassing four parcels totaling 4.55 to 36.27 acres (198,000 to 1,579,929 square feet). This strategically located property boasts 820 feet of high-visibility frontage along Highway 2, offering unparalleled exposure. The parcels can be purchased individually or as a whole, providing flexibility for various development needs. Located less than 10 miles from downtown Spokane, this site benefits from excellent access to a major metropolitan area. The zoning designation is General Commercial and Light Industrial, allowing for a wide range of potential uses. The property enjoys a strong location with established neighboring businesses including Zak Designs, KFC, Panda Express, Zips, AutoZone, and Cenex, creating a vibrant and thriving commercial environment. The asking price for this exceptional opportunity is $1,055,530. This is an ideal investment for developers seeking high-traffic visibility and proximity to a major city. The address is 12001 W Sunset Hwy, Airway Heights, WA 99001.

    Property Features for 12001 Sunset Hwy

    General Information

    Property type
    Land

    HighLights

    • Four parcels totaling 4.55 to 36.27 acres (198,000 to 1,579,929 sq ft) available in Airway Heights, WA.
    • 820 feet of high‑visibility frontage on Highway 2.
    • Parcels can be purchased individually or as a portfolio.
    • Less than 10 miles from downtown Spokane.
    • General Commercial and Light Industrial zoning.
    • Strong tenant mix including Zak Designs, KFC, Panda Express, Zips, AutoZone, and Cenex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.57898230374
    Latitude
    47.642881846348

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    FAQs

    What type of property is this?
    Land - Prime Hwy 2 Commercial Land, Spokane County
    Where is this land located?
    The property is located at 12001 Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $1,055,530.
    What are key features of this property?
    This property features: Four parcels totaling 4.55 to 36.27 acres (198,000 to 1,579,929 sq ft) available in Airway Heights, WA.; 820 feet of high-visibility frontage on Highway 2.; Parcels can be purchased individually or as a portfolio.
    (509) 344-4909
    Request Owner's contact information
    12001 Sunset Hwy 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
    12001 Sunset Hwy Airway Heights, WA 99001
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