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    Property profile & analytics
    FOR SALE
    Hotels

    3809 S Geiger Blvd, Spokane, WA 99224

    50,203 SF 7.26 ac lot Built 2019
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-1791252
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL
    Year built 2019
    Total area 50,203 SF
    Lot 7.26 ac (316,419 SF)
    APN 25335.0125
    UPID US90-1791252
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sleep Inn Spokane Airport Hotel & Motel
    • Mainstay Suites Spokane Airport Hotel & Motel Vacation Rental
    • The Bar at Sleep Inn | MainStay Suites Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bluewhale LLC · 1 yrs held
    Bluewhale LLC
    since 2024
    Last sale
    $10.2M
    7 recorded transactions
    2024
    $10.2M
    2023
    2018
    2017
    $550,000
    2011
    2011
    $550,000
    2011
    $697,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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