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Spokane County, WA · Sold

WA-400601

365 County Road 56

$16,200
$15,000/ac · 1.08 ac
Acreage1.08 ac
Price per acre$15,000/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedDec 24, 2024
Coordinates47.6447, -117.4810
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Spokane County, Washington. Eastern Washington irrigated ground and Cascade foothill lots.

View Spokane market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

152 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.94 of 1.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,160
$11,024$19,296 · $14,037/ac on 1.08 ac
Asking vs estimate
+6.9%
Priced above the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $16,200
Maximum allowable offer
$8,663
$8,021/ac · +30.0% target margin

You need $7,537 off asking to hit this margin.

All-in cost$9,399
Net resale$13,947
Projected profit$4,548
ROI+48.4%
Annualized+69.2%
Break-even resale$9,460/ac
Profit if resale lands off target
-20%
$1,758
-10%
$3,153
0%
$4,548
+10%
$5,943
+20%
$7,337
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-450470
Gravel · Off grid
1.0Jul 27, 2026$6,9007,07910,1736.9 mi
86
WA-450952
Paved · Full utilities
1.4May 9, 2026$26,90019,19316,5036.6 mi
80
WA-940646
Gravel · Off grid
1.1Jun 6, 2024$14,00012,48819,5848.2 mi
78
WA-730886
Gravel · Power at road
1.3Dec 30, 2024$15,70011,81915,4446.1 mi
78
WA-680306
Paved · Full utilities
0.9Oct 25, 2024$17,60020,26718,4399.0 mi
75
WA-130304
Paved · Power at road
0.9Dec 1, 2025$6,9007,9568,45111.7 mi
72
WA-890237
Dirt · Full utilities
0.8Jun 22, 2024$7,2008,65010,9386.0 mi
70
WA-151353
Dirt · Off grid
1.9Apr 23, 2025$13,0006,95512,3475.1 mi
67
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.