0 Russell St Airway Heights, WA 99001
This exceptional 8.24-acre parcel presents a prime development opportunity in Airway Heights, Washington. Located on S Russell Street, this property boasts Light Industrial (LI) zoning, ideal for a variety of uses including warehousing, manufacturing, assembly, research and development, and commercial services. The ±358,788 square foot lot is priced at $875,000, or $2.44 per square foot. Its strategic location near Highway 2 ensures excellent accessibility and high visibility, making it an attractive investment in a rapidly growing area with a strong economic outlook. The property's APN is 15252.0158, and its address is NKA, Airway Heights, WA 99001. This site offers significant potential for businesses seeking a well-situated location within Spokane County to establish or expand their operations. The property's zoning allows for a diverse range of industrial and commercial uses, catering to a wide spectrum of business needs. The convenient access to major transportation routes further enhances its appeal, promising seamless logistics and efficient distribution networks. This is a rare opportunity to acquire a substantial land holding in a thriving area poised for continued growth.
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.