33.73 Acres of MF-1 Zoned Land

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29776116
Property Subtypes: Multi-Family, Other
Status: Pending
Gross Land Area: 33.73 Acres
Sale Price: $1,000,000
Unit Price: $29,647 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/18/2018

Overview / Comments

33.73 Acre former mining pit in the process of reclamation in a highly desirable location on Carnahan Road and 8th Avenue. Current zoning is MF-1, but under the new Spokane Valley Comprehensive Zone change plan, the new zone will likely be " mixed use" which means a combination of retail/and multi-family, but other uses may include assisted living, professional office, K-12 schools, townhouse and self-service facility storage. Other conditional uses may be possible including golf course/driving range, manufactured home park, etc.

Additional Details

Nearest MSA: Spokane-Spokane Valley
County: Spokane
Tax ID/APN: 35234.9099
Zoning: MF-1
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Legal Description: 23 25 43 NW1/4 OF SE1/4 EXC N186.5FT OF S216.5FT OF W592 .37FT OF E622.37FT
Transportation: Bus, Shuttle, Taxi
Topography: Hilly
Available Utilities: Electric

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,015 83,257 229,775
Median Age: 36.84 37.19 36.46
Households: 2,903 34,388 95,719
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