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6000 S Park Ln - Tower Mountain | 567' Guyed Tower on 43.5 Ac 43.5 Acres of Commercial Land Offered at $1,500,000 in Spokane, WA 99223

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INVESTMENT HIGHLIGHTS

  • 43.5 acres on Spokane’s iconic Tower Mountain
  • Three long-term tenants in place, producing consistent revenue
  • Part of Spokane’s main broadcast corridor alongside KSPS-TV, KHQ, and others
  • Guyed communications tower and dedicated equipment building
  • Prime elevation for wide-area signal coverage
  • Potential for expansion, added tenancy, or future tech applications

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Gross Rental Income $53,515 $1,230.23
Other Income - -
Vacancy Loss - -
Effective Gross Income $53,515 $1,230.23
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $53,515
Annual Per AC $1,230.23
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $53,515
Annual Per AC $1,230.23
Net Operating Income
Annual -
Annual Per AC -

PROPERTY FACTS

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Radio or Television Transmission Facility
Total Lot Size 43.50 AC
Zoning RCV - Rural Conservation Zone

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $34,482.76
Lot Size 43.50 AC

43.5 Acres atop Krell Hill (aka Tower Mountain) in Spokane, WA.

DESCRIPTION

43.5 Acres on Tower Mountain with Guyed Tower, Equipment Building, and Income-Producing Tenants Perched atop Spokane’s most prominent broadcast ridgeline, 6000 S. Park Lane offers a unique opportunity to acquire 43.5 acres on Krell Hill (locally known as Tower Mountain), complete with an existing guyed communications tower, fenced equipment building, and three long-term tenants generating reliable recurring income with strong potential for growth. Krell Hill rises over 3,650 feet in elevation (approximately 1,500 feet above Spokane) and serves as home base for Spokane’s broadcast and telecom network. Major operators like KSPS-TV and KHQ utilize this strategic mountaintop for its superior elevation and exceptional line-of-sight coverage across Spokane Valley, the Palouse, and into northern Idaho. The subject property is one of the few privately held tower sites on this ridgeline, making it a truly rare investment opportunity. In addition to its strategic location and infrastructure, the property is currently leased to three established users under long-term agreements, providing stable income and the potential to accommodate additional tenants or infrastructure in the future.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44063.9022
Land Assessment
$250,470 (2025)
Improvements Assessment
$27,000 (2025)
Total Assessment
$277,470 (2025)
  • Listing ID: 37031793

  • Date on Market: 7/30/2025

  • Last Updated:

  • Address: 6000 S Park Ln, Spokane, WA 99223

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