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    Industrial Land Lgt Spokane, WA 99201

    Sponsored
    For Sale
    $24,500,000

    93 Acres, I-90 Frontage, Spokane

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 93-acre commercial and industrial land parcel in Spokane, Washington, presents a unique investment opportunity. Located in the West Plains Commerce Park, the property boasts prime I-90 frontage, offering approximately 1,200 feet of direct highway access. Its strategic location is approximately 1,200 feet across Electric Avenue from Spokane International Airport, providing unparalleled convenience for businesses requiring air transportation. The site benefits from 3,400 feet of frontage and is bracketed by two recently upgraded interchanges, ensuring seamless connectivity. Four sides of the property are bordered by county roads, enhancing accessibility. The land is serviced by the City of Spokane's sewer and water systems, featuring significant capacity. Inland Power and Light serves as the primary electricity provider, with Avista also available as an alternative. Avista Natural Gas is readily accessible. The property is divided into twelve tax parcels, facilitating flexible site configuration to suit diverse development needs. Businesses will appreciate the quick access to both commercial and general aviation terminals, and the property is only seven minutes from downtown Spokane. The L.I. zoning allows for a wide range of uses, including manufacturing, distribution, fabrication, hospitality, offices, and retail sales. This expansive site offers significant potential for substantial development and long-term growth.

    Property Features for Industrial Land Lgt

    General Information

    Property type
    Land
    Lot Size
    4,051,080 SF

    HighLights

    • Approx. 1,200 ft. of I‑90 frontage.
    • 3,400 ft. frontage across Electric Ave. from Spokane International Airport.
    • Located between two recently upgraded interchanges.
    • Four sides bordered by county roads.
    • City of Spokane water and sewer with ample capacity.
    • Inland Power & Light electricity, Avista available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.53730299915
    Latitude
    47.604782947909

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    FAQs

    What type of property is this?
    Land - 93 Acres, I-90 Frontage, Spokane
    Where is this land located?
    The property is located at Industrial Land Lgt Spokane, WA.
    What is the asking price?
    The asking price for this property is $24,500,000.
    What are key features of this property?
    This property features: Approx. 1,200 ft. of I-90 frontage.; 3,400 ft. frontage across Electric Ave. from Spokane International Airport.; Located between two recently upgraded interchanges.
    Request Owner's contact information
    Industrial Land Lgt Spokane, WA 99201
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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
    Industrial Land Lgt Spokane, WA 99201
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