Listing Agency: Goodale & Barbieri

Listed By: Ryan Oberg · License #WA B111788 Show Phone

Source: Crexi

Added: May 19, 2023 Changed: Sep 5 Last Checked: Sep 13 at 7:04AM

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Investment Insights

Based on property information with market context.

Two parcels of land are available for sale in North Spokane, situated in a prime location on the Northside. The parcels are adjacent to the Mead Works Development, a 300+ acre project located south and east of the intersection of Farwell Road and the Newport Highway. This project is planned as an urban mixed-use neighborhood with a pedestrian focus, extensive trails, and open space. The community will be walkable and mixed-use, incorporating office, retail, and residential spaces, including single-family homes, multifamily units, and 55+ housing. The project is expected to include approximately 1400+ living units. The available parcels include: Parcel 4, which is approximately 19.3 acres, and Parcel 5, which is approximately 7.2 acres. The zoning is mixed-use. The location is near Costco, a future 165,000 square foot retail development, the North South Freeway, Whitworth University, Mead High School, Northwood Middle School, Mead Works Development, and MultiCare. The parcels offer future ingress and egress and are suitable for medical, retail, multifamily, senior housing, office, and industrial uses.

Key Highlights

• Located adjacent to the Mead Works Development, a 300+ acre mixed‑use urban neighborhood.
• Mixed‑Use Zoning allows for a variety of development options.
• Two parcels available: ± 19.3 Acres (Parcel 4) and ± 7.2 Acres (Parcel 5).

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Florist Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Explore this area Business Placement

Demographics for 99208, WA

58,531

Population

24,273

Households

2.4

Avg Household Size

39

Median Age

34%

College-Educated

95%

High-School Grad

48.7 sq mi

ZIP Area

1,202

Density / Sq Mi

$81,084

Median Household Income

$45,733

Median Earnings

$1,226

Median Rent

$414,000

Median Home Value

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Commercial land - Two parcels in North Spokane near future mixed-use development.

Where is this commercial land located?

The property is located at Farwell Rd and US-2 Fairwood, WA.

What are key features of this property?

This property features: Located adjacent to the Mead Works Development, a 300+ acre mixed‑use urban neighborhood.; Mixed‑Use Zoning allows for a variety of development options.; Two parcels available: ± 19.3 Acres (Parcel 4) and ± 7.2 Acres (Parcel 5).