Seize a rare investment and development opportunity in the heart of Spokane Valley. Preliminary plat engineering has already been completed for a five-lot residential subdivision, substantially reducing future planning time and costs. While the preliminary plat has expired, the engineering work remains in place and may be renewed through the City of Spokane Valley for a buyer wishing to complete the five-parcel development. The property also offers flexibility for alternative development concepts, including a multifamily project on a single parcel, subject to buyer verification and city approval. Utilities are available at the property line for convenient future connection. Ideally located near shopping, dining, schools, parks, recreation, and major transportation corridors, this property combines strong development potential with exceptional accessibility. An outstanding opportunity for builders, developers, and investors seeking multiple paths to maximize value.
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Zillow last checked:
Listing updated:
Listed by:
Janine Lukes509-995-2835,
Amplify Real Estate Services
Source: SMLS as distributed by MLS GRID,MLS#: 202619950
Facts & features
Interior
Features
Has fireplace: No
Property
Lot
Size: 0.28 Acres
Features: Level, Corner Lot
Details
Parcel number: 45202.1401
Utilities & green energy
Utilities for property: Sewer Available, Natural Gas Available, Electricity Available, Water Available
Community & HOA
Location
Region: Spokane
Financial & listing details
Tax assessed value: $100,000
Annual tax amount: $144
Date on market: 6/26/2026
Listing terms: FHA,VA Loan,Conventional,Cash
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/26/2026
Listed for sale
$239,900-31.5%
Source: SMLS as distributed by MLS GRID #202619950Report a problem
8/23/2024
Listing removed
$350,000
Source: SMLS as distributed by MLS GRID #202413158Report a problem
8/16/2024
Price change
$350,000-12.5%
Source: SMLS as distributed by MLS GRID #202413158Report a problem
3/21/2024
Listed for sale
$399,950+185.9%
Source: SMLS as distributed by MLS GRID #202413158Report a problem
11/19/2021
Sold
$139,900+0.6%
Source: SMLS as distributed by MLS GRID #202123380Report a problem
10/8/2021
Pending sale
$139,000
Source: SMLS as distributed by MLS GRID #202123380Report a problem
10/4/2021
Listed for sale
$139,000
Source: SMLS as distributed by MLS GRID #202123380Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.