Property profile

0 Addison St Spokane, WA 99218

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1-acre parcel presents a unique opportunity for commercial development in the thriving North Corridor. Ideal for single-tenant occupancy, this land is available for immediate purchase, lease, or build-to-suit options, catering to a variety of development plans. The property's location within the North Corridor offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a strategic presence. The single-tenant designation ensures minimal complexities and allows for customized development to perfectly match a specific business's needs. Whether you envision a modern office building, a specialized facility, or another commercial structure, this land provides a blank canvas for your vision. Its size offers ample space for construction, parking, and landscaping, maximizing the potential return on investment. The flexibility of purchase, lease, or build-to-suit options provides significant advantages, allowing developers to tailor their approach to their financial capabilities and long-term goals. This is a rare opportunity to acquire a prime piece of commercial land in a high-growth area. Serious inquiries are encouraged to explore the possibilities and secure this exceptional property. The property is zoned for commercial use and all necessary utilities are readily available. Detailed site plans and zoning information are available upon request. Don't miss this chance to establish your business in a premier location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Addison St Spokane, WA 99218
Spokane metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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