0 N Rambo Rd & W Deno Rd Medical Lake, WA

This property features two contiguous parcels totaling approximately 195 acres situated along Rambo and Deno Roads, just two miles northwest of Airway Heights. Currently tenant-farmed for wheat, the land offers level to gently sloping terrain, excellent access, and scenic territorial views. The property is located outside the Urban Growth Area and is zoned Rural Traditional (RT) with 10-acre minimum lot sizes, making it suitable for a range of agricultural, investment, or low-density residential uses. The location, minutes from major employers, Spokane International Airport, and Highway 2, positions it perfectly for future subdivision or phased development while allowing for continued agricultural use in the interim. Under current Rural Traditional zoning, the site allows for 10-acre minimum parcels, supporting the creation of approximately 19 rural residential lots with potential views, private wells, and on-site septic systems. The property is leased to a reliable long-term local operator under a cash-rent agreement signed in September 2020. The annual rent is $3,000, reflecting the historical variability of dryland wheat production in the area. The lease renews annually and can be terminated by either party with 30 days’ notice. The farm produces winter soft white wheat in a traditional wheat-fallow rotation, with average yields of 40 to 45 bushels per acre across approximately 194 tillable acres. The ground benefits from productive Class II and III soils as mapped by the NRCS, supporting dependable dryland farming operations. Parcel sizes are 156.38 acres and 39.09 acres. Access is available via frontage along Rambo Road (paved) and Deno Road (gravel). Power is provided by Inland Power & Light; wells and septic are required. The topography is level to gently sloping, with no flood hazard per FEMA. It is approximately 2 miles to US Hwy 2 and 6 miles to Downtown Spokane.