0 I-90 Spokane, WA 99224
This exceptional 10.92-acre industrial land parcel boasts prime I-90 frontage in Spokane, Washington, offering unparalleled visibility and accessibility. The property features 570 feet of I-90 frontage and 470 feet of Dowdy Road frontage. Included in the 10.92 acres is an additional 4.94 acres, allowing for flexible parcel configurations to suit various development needs. The site is fully permitted for light industrial use, with all necessary public infrastructure already in place, making it ready for immediate development. This location benefits from recent infrastructure improvements exceeding $50,000,000, enhancing accessibility and visibility. The high-traffic I-90 corridor sees approximately 40,000 vehicles daily. Light industrial zoning allows for a wide range of uses, including hotels, restaurants, office buildings, medical facilities, and distribution centers. The property's strategic location offers proximity to key amenities: it's directly across Dowdy Road from the new Cambria Hotel, adjacent to Spokane International Airport, and within a six-minute drive of downtown Spokane and the commercial aviation terminal. General aviation is just four minutes away, and Interstate 90 exits 276 and 272 are within a four-minute and two-minute drive respectively. This represents a unique opportunity to capitalize on the rapid growth of Eastern Washington's most dynamic area. The asking price is $3,235,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.