5426 Otto Ln Spokane, WA 99216
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!
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
Similar Nearby for Sale
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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.