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    Palouse Hwy Spokane, WA 99223

    Sponsored
    For Sale
    $999,000

    1.81 Acres, High Traffic, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.81-acre commercial land parcel presents a compelling investment opportunity in Spokane, Washington. Located on E Palouse Hwy, this property boasts a highly desirable location with significant traffic volume. The site's APN is 34032.9007. Specifically, the property benefits from its proximity to Regal, experiencing approximately 19,000 average daily traffic (ADT) to the north and 15,000 ADT to the south. This high visibility ensures excellent exposure for any commercial development. The asking price for this strategically positioned land is $999,000. The property is zoned for commercial use (specific zoning details should be independently verified). Its location in Spokane County, WA, zip code 99223, offers easy access to major transportation routes and a thriving local economy. This is an ideal site for a variety of commercial ventures, capitalizing on the high traffic counts and prime location. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The property is classified as commercial land. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

    Property Features for 0 Palouse Hwy

    General Information

    Property type
    Land
    Lot Size
    78,844 SF

    HighLights

    • High traffic count of ±19,000 ADT on the North side of Palouse Highway at Regal.
    • High traffic count of ±15,000 ADT on the South side of Palouse Highway at Regal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3664027
    Latitude
    47.6102574

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    FAQs

    What type of property is this?
    Land - 1.81 Acres, High Traffic, Investment Opportunity
    Where is this land located?
    The property is located at Palouse Hwy Spokane, WA.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: High traffic count of ±19,000 ADT on the North side of Palouse Highway at Regal.; High traffic count of ±15,000 ADT on the South side of Palouse Highway at Regal.;
    (509) 991-2222
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    Palouse Hwy Spokane, WA 99223
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    Spokane, WA 99223
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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
    Palouse Hwy Spokane, WA 99223
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