Bought with Marie Pence
$1,250,000
$1,750,000
28.6%For more information regarding the value of a property, please contact us for a free consultation.
1.53 Acres Lot
SOLD DATE : 06/26/2025
Key Details
Sold Price $1,250,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202518364
Sold Date 06/26/25
Lot Size 1.530 Acres
Lot Dimensions 1.53
Property Sub-Type Unimproved Land
Property Description
Fantastic development opportunity. 13 - (6 plex lots) entitled! Perfect investment for a developer or a builder. Approved build ready or build to suit. Per approved build plans are for 78 units. 39- units are 2 bedroom, 2 bath and 39 units are 3 bedroom, 2 bath. Each 6 plex offers 3 - 2 bedrooms and 3 3 bedroom layouts. Building permits are submitted under old energy codes saving YOU thousands! The added plus, this property is situated in an opportunity zone! Everything is set up from the improvements and costs to the vertical budgets and floor plans. The current underlying loan has an escrow balance to complete a large portion of the improvements. This lender may allow an assumption and has committed to participate with the verticle.
Location
State WA
County Spokane
Exterior
Utilities Available Sewer Available, Natural Gas Available, Water Available
View Y/N true
Building
Lot Description Level
Schools
School District Spokane Dist 81
Others
Acceptable Financing Cash, Owner Financing, See Remarks
Listing Terms Cash, Owner Financing, See Remarks
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