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    1529 1St St Cheney, WA 99004

    • Commercial real estate
    • 5.59 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-3150248
    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

    • Commercial real estate

    Property Details for 1529 1St St

    Lot size
    5.59 lot acres
    Property type
    Commercial real estate
    APN
    13232.0080

    Description

    This exceptional 5.59-acre commercial land parcel, located at 1529 W 1st St, Cheney, WA 99004 (APN 13232.0080), presents a unique investment opportunity in Spokane County. Zoned for commercial use, this property offers significant potential for various developments. The asking price is $900,000. Preliminary development plans for an RV/mini storage facility are available, making this a turnkey project for the right investor. The property boasts convenient access to utilities, with sewer and water readily available on 1st Street. An existing single-family house is included on the property, adding further value and potential for future use or rental income. The expansive lot size provides ample space for a variety of commercial ventures, making it an ideal location for entrepreneurs and developers seeking a strategic foothold in the thriving Cheney market. This property is situated in a desirable location with excellent visibility and accessibility. Serious inquiries are encouraged to explore the full potential of this remarkable commercial land offering.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.60329922879
    Latitude
    47.473746625908

    Comparable in this City

    • $451,630
      60.00 Acres

      60 Acres Near Wildlife Refuge

      60 acres of land near Turnbull National Wildlife Refuge.
      S Cheney Plaza Rd, Cheney, WA 99004
      View Details
    • $180,000
      21.76 Acres

      Land Parcel in Cheney, WA

      Three land parcels available in Cheney, WA for sale.
      Nka Pne Spg Rd, Cheney, WA 99004
      View Details
    • $1,679,581
      203.06 Acres

      203 Acres of Cheney Land

      203.06 acres of land near Turnbull National Wildlife Refuge.
      Vacant Land, Cheney, WA 99004
      View Details
    • $75,632
      9.10 Acres

      Land Near Turnbull Refuge

      9.1 acre parcel near Cheney and Turnbull Wildlife Refuge.
      Vacant Land, Cheney, WA 99004
      View Details
    • $500,000
      6.06 Acres

      Cheney Commercial Land Development

      6.06 Acres, Prime Location, $500K
      0 Parcels, Cheney, WA 99004
      View Details
    • Contact for pricing

      Vacant Land Near Cheney, WA

      8.65 - 400 acres of vacant land for sale.
      Cheney, WA 99004
      View Details

    Similar Nearby for Sale

    • $500,000
      6.06 Acres

      Cheney Commercial Land Development

      6.06 Acres, Prime Location, $500K
      0 Parcels, Cheney, WA 99004
      View Details
    • Contact for pricing

      Vacant Land Near Cheney, WA

      8.65 - 400 acres of vacant land for sale.
      Cheney, WA 99004
      View Details
    • $304,568
      37.62 Acres

      Land Near Turnbull Refuge

      37.62 acres of land near Cheney, Washington.
      Vacant Land, Cheney, WA 99004
      View Details
    • $705,000

      Prime Commercial Parcel on I-90

      7.2 acres with I-90 frontage, excellent visibility.
      28616 W Boston Rd, Cheney, WA 99004
      View Details
    • $900,000

      Commercial Land in Cheney Available

      Commercial land suitable for RV/mini storage facility in Cheney.
      1529 W 1St St, Cheney, WA 99004
      View Details
    • $338,603
      40.74 Acres

      Land Near Turnbull Refuge

      Two parcels totaling 40.74 acres near Cheney, Washington.
      Vacant Land, Cheney, WA 99004
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      1,436 SF

      Downtown Cheney Restaurant/Retail Space

      Former restaurant space with on-site parking and premier visibility.
      508 1St St, Cheney, WA 99004
      View Details
    • $18 SF/Yr
      2,050 SF

      Retail Space in Cheney Plaza

      Retail space available for lease in Cheney, Washington.
      2654 1St St, Cheney, WA 99004
      View Details
    • $10 SF/Yr
      2,800 SF

      Cheney Restaurant & Bar for Sale

      Turnkey eatery, lake views, established business.
      18617 Williams Lake Rd, Cheney, WA 99004
      View Details
    • $14 SF/Yr
      1,892 SF

      Retail Space in Cheney, WA

      Retail space available near Safeway, Grocery Outlet, and Starbucks.
      2420 1St St, Cheney, WA 99004
      View Details
    • $12 SF/Yr
      7,500 SF

      Downtown Cheney Office Space

      7,500 SF Office Building, 1st & C St
      706 1St St, Cheney, WA 99004
      View Details
    • $1,000 /Mo
      1,690 SF

      Retail Space in Cheney, WA

      Retail space available for lease in Cheney, Washington.
      103 1St St, Cheney, WA 99004
      View Details
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    1529 1St St
    Cheney, WA 99004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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