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Property profile & analytics
OFF-MARKET Estimated value $34,745,000
Retail space

5025 Sprague Ave Spokane Valley, WA 99212-0814

510,500 SF 17.49 ac lot Built 2012
Entity Owned Free & Clear
Property ID
US90-2533987
Property summary
AI-generated overview

This exceptional 4.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving Spokane Valley, Washington. Located at 5025 E Sprague Ave, 99212, this property boasts a highly desirable location directly adjacent to a Walmart, ensuring exceptional visibility and foot traffic. The expansive lot size offers significant development potential for a variety of commercial uses, capitalizing on the strong retail presence and dense population of the surrounding area. Its strategic position along E Sprague Ave provides easy access and high exposure to a substantial daily traffic volume. The property is situated in Spokane County, Washington, within the Spokane Valley city limits, offering access to a robust infrastructure and a supportive business environment. This prime location is ideal for businesses seeking high visibility and convenient access to a large customer base. The 4.4 acres provide ample space for a variety of development projects, from retail establishments to restaurants and other commercial ventures. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land opportunity. The property's address is precisely 5025 E Sprague Ave, Spokane Valley, WA 99212, with GPS coordinates of 47.6584548 latitude and -117.3377895 longitude. This is a rare chance to acquire a significant commercial land parcel in a prime location with high growth potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Total area 510,500 SF
Lot 17.49 ac (761,742 SF)
APN 35143.0501
UPID US90-2533987
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
  • Western Union Bank Credit Union
  • Walmart Tech Services Computer & Electronic Repair Tech Support Center
  • Walmart Baby & Nursery Services Social Service Agency Community Center
  • Walmart Home Theater Installation Electrical Service General Contractor
  • Walmart Home Services Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$46.62M
Blend (final) Blend
$34.75M
Owner & transaction history
WAL MART STORES INC
WAL MART STORES INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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