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    OFF-MARKET
    Land

    0 Boone Ave, Spokane, WA 99201

    0.39 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.39-acre commercial land parcel presents a unique investment opportunity in the heart of Spokane, Washington. Located at the corner of West Boone Avenue and North Monroe Street, this property boasts a highly desirable CC2 zoning designation, offering a wide range of development possibilities. The lot features approximately 85 linear feet of frontage on Boone Avenue, providing excellent visibility and accessibility. Convenient secondary alley access further enhances logistical advantages. Its strategic location places it within close proximity to key Spokane landmarks, including the Spokane Arena (less than 650 feet) and the new ONE Spokane Stadium (less than 2000 feet), ensuring high foot traffic and potential for significant returns. The property's APN is 38182.3210 and is situated in Spokane County, WA, 99201. Note that the same ownership group controls three adjacent parcels, presenting potential for synergistic development or expansion. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving urban area with exceptional potential for future growth and development. The asking price for this prime Spokane commercial property is $755,000.

    Property profile
    Verified
    Property type Land
    Lot 0.39 ac (16,988 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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