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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10219 Highway 2 Spokane, WA 99224

40,000 SF 7.28 ac lot Built 2021
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 40,000 SF
Lot 7.28 ac (317,117 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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