10219 Highway 2 Spokane, WA 99224
Hazelwood Square Development offers a unique investment opportunity in Spokane, Washington. This 7.28-acre property at 10219 W. Highway 2, zip code 99224, features a total of 40,000 square feet of office and retail space, with 6,500 square feet currently available for lease. The development boasts convenient highway frontage, maximizing visibility and accessibility. The property includes multiple buildings, offering flexibility for various needs. Building 1, a pre-existing structure, has 1,500 square feet of immediately available medical office space. Building 2, currently in the design phase, will offer an additional 5,000 square feet of space upon completion. Furthermore, there are 3.82 acres of southern parcels available for development, presenting significant expansion potential. The property's 2021 construction ensures modern amenities and efficient layouts. This versatile property is ideal for medical practices seeking established space or those planning future expansion, offering multiple use options to suit diverse business requirements. Located in Spokane County, this prime location provides excellent access to a thriving community. Contact us today to explore the possibilities.
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
Similar Nearby for Lease
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.