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    16224 Sprague Ave Spokane Valley, WA 99037

    • Commercial real estate
    For Lease
    View listing
    $2 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US90-3316913
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16224 Sprague Ave

    Property type
    Commercial real estate
    APN
    45242.0122

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.18595663445
    Latitude
    47.656639329054

    Comparable in this City

    • $500,000
      1.00 Acre

      Spokane Valley Development Land

      1-Acre Commercial Lot, High Potential
      16801 Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $650,000

      Spokane Valley Land with Development Potential

      1.19 acres in Spokane Valley, development potential, walkable location.
      16615 E Broadway Ave, Spokane Valley, WA 99037
      View Details
    • $500,000

      Spokane Valley Land Opportunity

      Versatile land parcel in Spokane Valley's growing corridor.
      16801 E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $725,000
      47,047 SF

      Commercial Land with Office/Showroom

      47,047 SF commercial land with 1,368 SF building.
      11813 E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $1,315,000

      Fenced Land on Sprague Avenue

      Gravel-covered, fenced land with development potential on Sprague Avenue.
      14817-14823 E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $220,000
      0.60 Acres

      Spokane Valley 0.6-Acre Lot

      0.6-acre lot in Spokane Valley for custom home building.
      15628 E 33 Ct, Spokane Valley, WA 99037
      View Details

    Similar Nearby for Sale

    • $500,000
      1.00 Acre

      Spokane Valley Development Land

      1-Acre Commercial Lot, High Potential
      16801 Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $650,000

      Spokane Valley Land with Development Potential

      1.19 acres in Spokane Valley, development potential, walkable location.
      16615 E Broadway Ave, Spokane Valley, WA 99037
      View Details
    • $500,000

      Spokane Valley Land Opportunity

      Versatile land parcel in Spokane Valley's growing corridor.
      16801 E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $725,000
      47,047 SF

      Commercial Land with Office/Showroom

      47,047 SF commercial land with 1,368 SF building.
      11813 E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $1,200,000

      Spokane Valley Land Opportunity

      3.64 acre lot suitable for multi-family development.
      16619 E Broadway Ave, Spokane Valley, WA 99037
      View Details
    • $1,315,000

      Fenced Land on Sprague Avenue

      Gravel-covered, fenced land with development potential on Sprague Avenue.
      14817-14823 E Sprague Ave, Spokane Valley, WA 99037
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      2 SF

      Prime Spokane Valley Corner Lot

      High-visibility commercial land for lease/sale.
      16224 Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $1.38 SF/Yr
      27,130 SF

      Spokane Valley Land For Rent

      Land available for rent in Spokane Valley, Washington.
      10303 E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $657,900
      43,860 SF

      Spokane Valley Commercial Land Available

      Commercial land available for rent in Spokane Valley, Washington.
      E Sprague Ave, Spokane Valley, WA 99037
      View Details
    • $6,500 /Mo
      15,246 SF

      High-Visibility Commercial Land for Lease

      Prime 0.35-acre commercial land for lease in Spokane Valley.
      101 N Evergreen Rd, Spokane Valley, WA 99037
      View Details
    • $3 SF/Yr
      20,250 SF

      Industrial Land for Lease

      20250 SF of level industrial land available for lease.
      E 1St Ave, Spokane Valley, WA 99037
      View Details
    • Contact for pricing
      4,000 SF

      Prime Pad Sites for Development

      High-visibility pad sites ready for development on Sprague Avenue.
      13414-13320 E Sprague Ave, Spokane Valley, WA 99037
      View Details
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    16224 Sprague Ave
    Spokane Valley, WA 99037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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