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Investment Highlights

  • Heavy daytime traffic
  • Large acreage
  • Near lit corner

Executive Summary

Call broker for details on price.

Property Facts

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Bank
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.70 AC
No. Stories 1
Zoning RC

1 Lot Available

Lot

Lot Size 1.70 AC

1.7-acre redevelopment opportunity located along the highly trafficked corridor, just west of the lit intersection at Sprague Ave. & Sullivan Rd. Right-in/right-out and left-turn ingress & egress. Best use of site as redevelopment.

Description

Prime 1.7-acre redevelopment opportunity located along the highly trafficked Sprague Avenue corridor in Veradale, just west of the lit intersection at Sprague Ave. & Sullivan Rd. This property features excellent visibility, right-in/right-out and left-turn ingress & egress, a neon pylon sign, and approximately 36,000 vehicles per day. The site currently includes a 3,000+ SFT retail building and two greenhouses; however, the highest and best use is redevelopment. Surrounded by national retailers, restaurants, and strong residential density, this RC-zoned parcel is ideal for investors or developers looking to demolish existing improvements and build new retail, QSR, drive-thru, coffee, medical, or other commercial concepts in one of Spokane Valley’s busiest commercial corridors.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
45242.0439
Land Assessment
$593,020
Improvements Assessment
$119,700
Total Assessment
$712,720
  • Listing ID: 39645815

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: 15612 E Sprague Ave, Veradale, WA 99037

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