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Property profile & analytics
OFF-MARKET
Land

5426 Otto Ln Spokane, WA 99216

2.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre property in Spokane County, Washington, presents a unique investment opportunity. Currently featuring a 1772 sq ft, three-bedroom, two-bathroom manufactured home built in 1994, complete with a two-car garage, this property is zoned Urban Reserve. Utilities include Trentwood Irrigation for water, a septic drain field, and electricity provided by Inland Power & Light. Please note a pre-existing roof leak is present. The property is being sold "as is, where is" via online auction (Auction #26771-3) on GovDeals.com, concluding December 2nd, 2024. A public open house is scheduled for November 13th, from 10:00 AM to 3:00 PM, allowing for a thorough inspection. The auction begins November 18th at 8:00 AM PST. The property's APN is 46354.9155, and the address is 5426 N Otto Ln, Spokane, WA 99216. A bid deposit is required to participate in the auction. Detailed information, including additional photos and current bidding status, can be found on the GovDeals.com auction listing. This is a remarkable chance to acquire a substantial residential parcel with existing structures in a desirable Spokane location. Don't miss this opportunity!

Property profile
Verified
Property type Land
Lot 2.5 ac (108,900 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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