Swc Of Wellesley Ave And Appleway Ave Newman Lake, WA 99025
- Land
- 10.22 lot acres
Current Use by Public Records
- Land
Property Details for 0 Swc Of Wellesley Ave And Appleway Ave
- Lot size
- 10.22 lot acres
- Property type
- Land
Description
This exceptional 10.22-acre commercial land parcel presents a unique investment opportunity in Newman Lake, Washington. Strategically located at the southwest corner of Wellesley Avenue and Appleway Avenue, this property boasts unparalleled access to Interstate 90, placing it ideally between Washington and Idaho. The site is fully entitled and master-planned, offering significant development potential. Current plans include a potential hotel and pad sites, or alternatively, the land could be developed to accommodate 77 RV parking stalls. Further enhancing its appeal, the proposed development incorporates a 4,000-5,000 square foot clubhouse, a dog park, and a picturesque picnic overlook with river views. The asking price for this prime commercial land is $3,565,000. The property's zoning and specific development plans are available upon request. This is a rare chance to acquire a fully entitled, master-planned commercial site in a high-growth area with excellent freeway access and attractive amenities. Don't miss this opportunity to capitalize on the potential of this exceptional location. The property is situated in Spokane County, Washington, with a zip code of 99025.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newman Lake
- County
- Spokane
- State
- Washington
- Longitude
- -117.042
- Latitude
- 47.7009
