2501 Upriver Dr Spokane, WA 99207
This exceptional 0.33-acre residential lot in Spokane, WA (APN 35091.3202), presents a prime development opportunity. Located at 2501 E Upriver Dr, 99207, this property boasts convenient access to the Spokane River, Centennial Trail, and Upriver Park, offering residents unparalleled recreational amenities. Spokane Community College is also within minutes. Preliminary plans for a four-plex townhome development have been reviewed, and comprehensive engineering studies are complete, including geotechnical reports, civil engineering for drainage, parking, driveway, and sewer systems. The RMF (Residential Multifamily) zoning permits the construction of up to ten units. The lot offers dual access points from Upriver Dr and North Crescent Ave, enhancing its development potential. All essential utilities—electricity, sewer, and gas—are readily available at the property line. This is an exceptional investment opportunity for developers seeking a prime location with significant potential for residential construction. Asking price is $275,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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