The property is an approximately 5-acre commercial parcel consisting mostly of mostly level, open ground with some treed area and an existing 960-square-foot bungalow. The site includes an installed well (with current flow not specified) and an installed septic system. The land is vacant and zoned Rural Activity Center, which provides an existing framework for commercial land use. The parcel fronts Newport Highway (US2) and has approximately 510 feet of highway frontage. It is located in the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$621

Tax billed · 2023

Assessed value · 2024$76k

Assessed land$18k

Assessed improvement$58k

Effective rate0.82%

Value estimate

· Nov 2026

$850k

$765k – $935k

Submarket $/SF estimate$931k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$188/SF

County average, outlier-cleaned · 288 recorded sales of this use type

Observed band · Q1–Q3$88 – $363

Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?

Best fit: Parking Facility

Demand index

Parking Facility9.2

Building Supply8.9

Plumbing Service8.7

40203 Newport Hwy Elk, WA 99009-9791

County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby

Address Sale price Sold Size

40224 Newport, Elk, WA 99009-8791 $400,000 Oct 2023 2,520 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$735,000

9,098 SF

40226 Newport Hwy

RETAIL STORES (PERSONAL SERVICES)

40226 Newport Hwy, Elk, WA 99009-8791

View Details
Value Estimation
$805,000

6,380 SF

39824 Newport Hwy

CONVENIENCE STORE

39824 Newport Hwy, Elk, WA 99009-9799

View Details
Value Estimation
$310,000

3,393 SF

40007 Newport Hwy

RETAIL STORES (PERSONAL SERVICES)

40007 Newport Hwy, Elk, WA 99009-9791

View Details
Value Estimation
$380,000

2,520 SF

40224 Newport Hwy

RETAIL STORES (PERSONAL SERVICES)

40224 Newport Hwy, Elk, WA 99009-8791

View Details
Value Estimation
$195,000

1,200 SF

40117 Newport Hwy

RETAIL STORES (PERSONAL SERVICES)

40117 Newport Hwy, Elk, WA 99009-9791

View Details
Value Estimation
$240,000

1,196 SF

39411 Elk Chattaroy Rd

CONVENIENCE STORE

39411 Elk Chattaroy Rd, Elk, WA 99009-9573

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

You own 40203 Newport Hwy?

List it free. Reach 20,000 daily buyers.

We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.

40203 Newport Hwy Elk, WA 99009

Property summary