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Property profile & analytics
OFF-MARKET
Land

5800 Thomas Mallen Rd Cheney, WA 99224

5.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.19-acre industrial land parcel, located at 5800 S Thomas Mallen Rd, Cheney, WA 99224, presents a unique investment opportunity. Situated in Spokane County, this property boasts a Light Industrial zoning designation, making it ideal for a variety of commercial uses. The lot size is approximately 235,578 square feet, offering ample space for development. The property features access to city sewer and water services, simplifying infrastructure needs. The Assessor's Parcel Number (APN) is 24053.9102. This strategically located land offers significant potential for businesses seeking a well-connected location within Spokane County. While the current lease on an adjacent parcel expires September 18, 2025, this offering focuses solely on the 5.19-acre parcel identified above. The seller is also open to offers on a separate, adjacent parcel (APN 24053.9031), but details on that parcel are available upon request. This prime industrial land is priced at $900,000 and represents a compelling opportunity for investors and developers alike. Don't miss this chance to acquire a substantial industrial property in a thriving area.

Property profile
Verified
Property type Land
Lot 5.19 ac (226,076 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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