Property profile

0 Addison St Spokane, WA 99218

OFF-MARKET
Land
1.51 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity in Spokane, Washington. Located on N Addison St, in the 99218 zip code, these parcels boast prime positioning within Spokane County's thriving North Corridor. The available land ranges from 1.51 to 3.06 acres, providing flexibility for various development projects. This highly desirable location offers unparalleled convenience and visibility, situated adjacent to major retail anchors including Fred Meyer, MDRN Fitness, and Costco, as well as numerous quick-serve restaurants. The strategic placement ensures high foot traffic and excellent accessibility for potential tenants and customers. The property is suitable for build-to-suit projects, allowing developers to tailor the construction to specific business needs. This presents a unique chance to create a landmark commercial development in a high-demand area. The parcels are zoned for commercial use, and all necessary utilities are readily available. Interested parties are encouraged to explore the potential of this exceptional investment opportunity. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prominent location in Spokane's dynamic North Corridor.

Property profile

Verified
Property type Land
Lot 1.51 ac (65,776 SF)

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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