13217 3Rd Ln Spokane, WA 99216
- Apartment buildings
- 0.53 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 13217 3Rd Ln
- Lot size
- 0.53 lot acres
- Property type
- Apartment buildings
- APN
- 45221.9313
- APU
- 452219313
Description
This 0.53-acre residential lot in Spokane, Washington (99216), located at 13217 E 3rd Ln, Spokane County, is perfectly situated for the construction of a twelve-unit apartment complex. Priced at $600,000, this shovel-ready property boasts all necessary frontage improvements already in place. Permits are secured and a complete plan set is included in the sale price, allowing for immediate commencement of construction upon closing. The property is currently listed as one parcel, though the possibility of acquiring a second adjacent parcel exists. This presents a unique opportunity for developers seeking a streamlined path to building a multi-family residential project. While a turnkey option with a completed 12-unit, two-bedroom, two-bathroom apartment complex is available at a separate listing, this lot offers the flexibility to utilize your own builder or leverage the existing plans and permits for a more customized approach. The property's location in Spokane offers access to a growing population and a strong rental market, making it an attractive investment opportunity. Don't miss this chance to acquire a fully permitted and prepared lot ready for immediate development.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $360,000
- ML approach
- $350,000
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Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.227
- Latitude
- 47.6549
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA