0 Bigelow Gulch Rd Spokane, WA 99217
This exceptional 17.84-acre (±777,110 square feet) parcel, located at E Bigelow Gulch Rd in Spokane, WA (zip code 99217), presents a remarkable multifamily development opportunity. The property, identified by APN 36352.9043, is zoned MDR and offers the potential to construct up to 220 multifamily residential units. Its strategic location provides convenient access to essential amenities, including nearby grocery stores, shopping centers, and various services. Furthermore, the property benefits from excellent connectivity via the new North/South freeway and the recently completed Bigelow Road, ensuring easy access to both the north side of Spokane and the valley. Public transportation is also readily available with a nearby bus route. All necessary utilities are available on-site. The asking price for this expansive land parcel is $2,850,000. This represents a significant investment opportunity in a rapidly growing area of Spokane. Detailed zoning information and development plans can be provided upon request. Don't miss this chance to acquire a substantial tract of land with exceptional development potential.
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
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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.