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    and US-2 Farwell Rd Spokane, WA 99208

    Sponsored
    For Sale
    Contact for pricing

    Four parcels, prime North Spokane location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional offering presents four commercial land parcels ideally situated in North Spokane, Washington, at the intersection of Farwell Road and US-2, zip code 99208. The property boasts a highly desirable mixed-use zoning designation, providing significant development flexibility. Its strategic location offers unparalleled access to key amenities and infrastructure. Nearby establishments include Costco, a planned 165,000 square foot retail development, the North South Freeway, Whitworth University, Mead High School, Northwood Middle School, and MultiCare. The parcels benefit from excellent future ingress and egress opportunities. This makes the land highly suitable for a variety of uses, including medical facilities, retail spaces, multifamily residential buildings, senior housing, office complexes, and industrial developments. The property's proximity to the Mead Works Development, a substantial 300+ acre mixed-use project, further enhances its value. Mead Works is envisioned as a walkable, pedestrian-focused community encompassing office, retail, and residential components (including single-family, multifamily, and 55+ housing), with an estimated 1400+ living units. This presents a unique opportunity to capitalize on the growth and development projected for this thriving area of Spokane. The latitude and longitude coordinates are 47.7724926, -117.3785249 respectively.

    Property Features for and US-2 Farwell Rd

    General Information

    Property type
    Land

    HighLights

    • Four parcels of commercial land available for sale in North Spokane, WA.
    • Mixed‑use zoning allows for diverse development opportunities.
    • Prime location near Costco, a future large retail development, major roadways, Whitworth University, and several schools.
    • Excellent potential for medical, retail, multifamily, senior housing, office, and industrial uses.
    • Offers future ingress and egress options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3785249
    Latitude
    47.7724926

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    FAQs

    What type of property is this?
    Land - Four parcels, prime North Spokane location.
    Where is this land located?
    The property is located at and US-2 Farwell Rd Spokane, WA.
    What are key features of this property?
    This property features: Four parcels of commercial land available for sale in North Spokane, WA.; Mixed-use zoning allows for diverse development opportunities.; Prime location near Costco, a future large retail development, major roadways, Whitworth University, and several schools.
    (509) 344-4909
    Request Owner's contact information
    and US-2 Farwell Rd Spokane, WA 99208
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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
    and US-2 Farwell Rd Spokane, WA 99208
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