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    1430 Hayden Rd Airway Heights, WA 99001

    • Commercial real estate
    • 4.72 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-0558181
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1430 Hayden Rd

    Lot size
    4.72 lot acres
    Property type
    Commercial real estate
    APN
    15251.0103

    Description

    This exceptional 4.72-acre commercial land parcel, located at 1430 S Hayden Rd in Airway Heights, Washington (99001), presents a unique investment opportunity. The property, identified by APN 15251.0103, is zoned C-2 General Commercial, allowing for a wide range of development possibilities. Its flat topography simplifies construction and site preparation. Significant advantages include readily available water and sewer services, along with an agricultural well. The location is strategically positioned outside of both the airport and Fairchild Air Force Base overlay zones, minimizing potential development restrictions. Furthermore, the property benefits from convenient access to major transportation arteries, boasting excellent ingress/egress via State DOT connections to Sunset Highway/Highway 2. High traffic volume is a key feature, with 27,000 vehicles per day passing the intersection of West Sunset Highway/Highway 2 and South Hayden Road. This high visibility location makes it ideal for a variety of commercial ventures. The asking price for this remarkable property is $1,500,000. Don't miss this chance to acquire a prime commercial land parcel in a thriving Spokane County location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.56704
    Latitude
    47.6424198

    Comparable in this City

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      Airway Heights Land For Sale

      Land available in Airway Heights, Washington.
      2024-2024 S Hayden Rd, Airway Heights, WA 99001
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    • $2,270,222
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      12827 14Th Ave

      Land • 7.90 Acres
      12827 14Th Ave, Airway Heights, WA 99001
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    • $5,917,250

      Hwy 2 Commercial Land, Airway Heights

      Prime Airway Heights location, high visibility.
      12061 Sunset Hwy, Airway Heights, WA 99001
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      339,760 SF

      Airway Heights Commercial Development Parcel

      7.8-acre commercial land parcel in a growing corridor.
      815 S Craig Rd, Airway Heights, WA 99001
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    • $875,000

      Airway Heights Industrial Land Opportunity

      Industrial land for sale in a high-growth area.
      S Russell St, Airway Heights, WA 99001
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    Similar Nearby for Sale

    • $159,900
      4.89 Acres

      Land Near Spokane Airport

      4.89 acres of usable land near Spokane International Airport.
      16XX S Fairview Hts Rd, Medical Lake, WA 99001
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    • $2,250,000

      Airway Heights Land For Sale

      Land available in Airway Heights, Washington.
      2024-2024 S Hayden Rd, Airway Heights, WA 99001
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    • $599,900
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      Highway 2 Commercial Land

      Prime .76-acre commercial lot, high visibility.
      12431 Sunset Hwy, Airway Heights, WA 99001
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    • $1,990,000

      Sunset Hwy Commercial Land

      5 Acres, High-Visibility Location
      11425 Sunset Hwy, Airway Heights, WA 99001
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    • $225,000
      1 SF

      Commercial Land Near Highway

      One acre commercial land near Highway 2 and Hayden Road.
      Hwy 2 & Hayden Rd, Airway Heights, WA 99001
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    • $80,000
      0.14 Acres

      Vacant Land in Airway Heights

      Vacant land ready for custom home or investment project.
      13614 W 8 Ct, Airway Heights, WA 99001
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    Similar Nearby for Lease

    • $2,000 /Mo
      5,663 SF

      Commercial Land for Ground Lease

      Commercial land available for ground lease.
      12518 W Sunset Hwy, Airway Heights, WA 99001
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    • $525,000

      Airway Heights Industrial Land Parcel

      4.55 acres of light industrial land for lease.
      S Garfield Rd, Airway Heights, WA 99001
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    • $10 SF/Yr
      34,976 SF

      Commercial Land Available For Rent

      Commercial land available for rent or build to suite.
      12100 E Sunset Hwy, Airway Heights, WA 99001
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    • Contact for pricing

      Prime Graded Land Available

      1.45 acres of graded land with high traffic volume.
      11109 W Sr 2 Hwy, Airway Heights, WA 99001
      View Details
    • Contact for pricing
      63,162 SF

      Airway Heights Industrial Land

      1.45 Acres, C-2 Zoning, Graded Site
      11109 Us-2, Airway Heights, WA 99001
      View Details
    • $0.05 SF/Yr

      Airway Heights Fenced Land

      Secure, graveled, and fenced commercial land available for rent.
      2310 S Hayden Rd, Airway Heights, WA 99001
      View Details
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    1430 Hayden Rd
    Airway Heights, WA 99001
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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