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    OFF-MARKET
    Outlet malls

    4216 Best Rd, Spokane Valley, WA 99216-1307

    1,317 SF 0.95 ac lot Built 1942
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US90-3201458
    Property summary
    AI-generated overview

    This exceptional 0.95-acre (41,553 square feet) parcel of vacant land presents a unique investment opportunity in Spokane Valley, Washington. Located at 4216 N Best Road, this property boasts a level topography at street grade, making it ideal for various development projects. The site is conveniently situated north of Trent Avenue, on the east side of Best Road, between Evergreen Road and Sullivan Road, offering excellent accessibility and visibility. Zoned IMU (Industrial Mixed-Use), this land allows for a diverse range of uses, including retail, office space, light manufacturing, and other light industrial applications such as contractor yards. The parcel number is 45022.4817, and it has an average depth of 320 feet. Flood zone designation is X (Unshaded), according to Flood Map Panel 53063C0579D. Surrounding the property are existing industrial properties and single-family residences, indicating a thriving and diverse neighborhood. The asking price for this prime commercial land is $425,500. This is a rare opportunity to acquire a well-located, versatile parcel in a growing area of Spokane Valley. Don't miss out on this chance to build your next project.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1942
    Total area 1,317 SF
    Lot 0.95 ac (41,553 SF)
    APN 45022.4817
    UPID US90-3201458
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    City Of Spokane Valley · 2 yrs held
    City Of Spokane Valley
    since 2023
    4 recorded transactions
    2023
    2023
    2014
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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