7116 Spotted Rd Cheney, WA 99004
- Commercial real estate
- 4,000 SF
- 4.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7116 Spotted Rd
- Lot size
- 4.00 lot acres
- Property size
- 4,000 SF
- Property type
- Commercial real estate
Description
This exceptional 4-acre residential land parcel presents a unique opportunity for development. The expansive 4,000 square foot lot offers significant potential for a variety of residential projects. Currently, the land features a 4,000 square foot shop, ideal for storage or immediate use while planning construction. The open layout of the lot provides ample space for design flexibility. The seller demonstrates a commitment to facilitating the development process by offering to pour concrete within the existing shop upon contract execution, adding significant value and convenience. This is a rare chance to acquire a substantial residential lot with an existing structure, providing immediate utility and long-term development potential. The single-tenant occupancy status ensures ease of planning and minimizes complexities associated with multiple stakeholders. The property's size and location make it an attractive investment for both individual builders and larger development firms seeking a prime residential building site. The seller's willingness to accommodate concrete pouring further enhances the property's appeal, reducing initial development costs and accelerating the project timeline. This is a truly exceptional opportunity to acquire a versatile and highly desirable residential land parcel. Act quickly to secure this prime location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cheney
- County
- Spokane
- State
- Washington
- Longitude
- -117.52039
- Latitude
- 47.5892531