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Property profile & analytics

13217 3Rd Ln Spokane, WA 99216

  • Apartment buildings
  • 0.53 lot acres
For Sale
Last Sale
Nov 17, 2023
$385,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US90-0492011
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $360,000
    ML approach
    $350,000

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$92,750
$0.00
$92,750
-
$92,750
$0.00
$92,750
More about this property
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