6010 Holly Rd Spokane, WA 99224
This exceptional 224-unit multifamily development opportunity is located in Spokane, Washington, at 6010 S Holly Rd, boasting a prime location at the intersection of Hatch Road and Holly Road. The property, identified by APN 24053.9057, is zoned for multifamily development and presents a significant investment prospect. Its strategic positioning offers convenient access to essential amenities and infrastructure. The site is situated adjacent to Snowden Elementary School and a thriving DR Horton subdivision, ensuring a strong residential presence and potential tenant pool. Furthermore, its proximity to an Amazon Fulfillment Center provides added economic appeal and potential for increased property value. The asking price for this expansive land parcel is $3,650,000. Preliminary engineering work has been completed by WCE (Todd Whipple), providing a solid foundation for future development plans. This presents a rare chance to capitalize on the growing Spokane real estate market and create a substantial multifamily community. The property's location and zoning make it an ideal candidate for a large-scale development project. Detailed site plans and engineering reports are available upon request. Don't miss this exceptional opportunity to acquire a highly desirable development site in a rapidly expanding area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.