Property profile

4216 Best Rd Spokane Valley, WA 99216

OFF-MARKET
Outlet malls
Property ID
US90-3201458
1,317 SF 0.95 ac lot Built 1942
Entity Owned 2-yr Hold Free & Clear
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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

Location

4216 Best Rd Spokane Valley, WA 99216-1307
Spokane Valley metro Census 11400 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2023
Price N/A
2014
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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