0 Newport Hwy, Spokane, WA 99218
This exceptional 14.7-acre commercial land parcel in Spokane, WA, presents a unique investment opportunity. Located at North Newport Highway, 99218, and zoned for mixed-use development, this property offers unparalleled potential. The site boasts 11 available spaces ranging from 2,700 to 640,332 square feet, catering to a variety of retail and commercial uses. Its prime location offers direct access via a high-capacity roundabout, ensuring excellent visibility and convenient access for customers and employees. The property's strategic adjacency to a new 165,000 square foot Costco and a proposed 1,440+ unit multi-family and single-family residential development guarantees a robust and growing customer base. This development promises significant synergy and increased foot traffic, making it an ideal location for businesses seeking high visibility and strong potential for growth. The Spokane County parcel (APN 36095.1604) presents a rare chance to capitalize on the thriving Spokane market. This is a blank canvas for a visionary developer to create a thriving commercial center within a rapidly expanding residential community. Don't miss this exceptional opportunity to secure a prime piece of Spokane real estate.
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.