4603 Sprague Ave, Spokane Valley, WA 99212
This exceptional 21,120 square foot commercial land parcel presents a rare opportunity in Spokane Valley, Washington. Strategically located at 4603 E Sprague Ave, this property boasts a prime position at a highly visible, lighted intersection, offering unparalleled exposure to a dense concentration of consumers. The site is ideally situated near major retail anchors including Walmart, Costco, Home Depot, and Lowe's, ensuring consistent high traffic volume and strong consumer demographics. Zoned for Regional Commercial use, this land allows for a wide range of development possibilities, including the potential for a drive-thru establishment, capitalizing on the area's high vehicular traffic. Its convenient access from Interstate 90 further enhances its appeal, providing easy accessibility for both local and regional customers. The property's prominent location offers excellent signage opportunities, maximizing visibility and brand recognition for any future development. This is an exceptional investment opportunity for businesses seeking a high-traffic location with strong potential for growth and return. The property is located in Spokane County, WA, zip code 99212.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.