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    Property profile & analytics

    3809 Geiger Blvd Spokane, WA 99224-5427

    • Hotels
    • 50,203 SF
    • 7.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 22, 2024
    $10,175,000
    Location Intelligence
    Property ID
    US90-1791252
    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

    • Sleep Inn Spokane Airport / Hotel
    • Mainstay Suites Spokane Airport / Hotel / Extended Stay Hotel
    • The Bar at Sleep Inn | MainStay Suites / Bar

    Property Details for 3809 Geiger Blvd

    Year built
    2019
    Lot size
    7.26 lot acres
    Property size
    50,203 SF
    Property type
    Hotels
    APN
    25335.0125
    APU
    253350125

    Description

    This exceptional 12.091-acre commercial land parcel presents a unique investment opportunity in Spokane, Washington. Located at 3809 S Geiger Blvd, Spokane, WA 99224, this property is zoned for Regional Commercial use, offering significant development potential. The asking price is $2,633,510, translating to a land value of $5 per square foot. The expansive lot size provides ample space for a variety of commercial projects, making it ideal for build-to-suit developments or leasing opportunities. Its strategic location within Spokane County offers excellent access to major transportation routes, ensuring high visibility and convenient access for businesses and customers. This property is ready for immediate development, presenting a compelling opportunity for investors seeking a high-return investment in a thriving commercial market. The property's zoning allows for a wide range of commercial uses, providing flexibility for potential developers. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a significant commercial land holding in a rapidly growing area of Spokane. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.507
    Latitude
    47.6197
    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
    $64,643
    $632,840
    $6,971,500
    $7,604,340
    -
    $632,840
    $6,971,500
    $7,604,340

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    Spokane, WA 99224-5427
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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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