8.44 acres - within the City of Spokane Valley

Description

This is a great development opportunity. The property consists of approximately 367,647 square feet or approximately 8.44 acres. The site is located on the east side of Eastern Road between 12th Avenue and 14th Avenue in the City of Spokane Valley. The site is zoned R-3 Single-Family Residential Urban, which allows for single family residential development at an urban density that provides flexibility and promotes reinvestment in existing single-family neighborhoods. There is a landfill located on a portion of the property that is approximately 2.42 acres and includes portions or parcels 35243.0503 and 35243.0504. The landfill contains hazardous waste capped with an HDPE liner and clean soil, and the area is currently under an environmental covenant that restricts development as part of a "No Further Action (NFA)" determination from the Department of Ecology. The environmental covenant and NFA letter are both attached, and copies of the cleanup reports, site inspections, and other information are available at https://apps.ecology.wa.gov/cleanupsearch/site/1140 ASSESSOR’S PARCEL NOS. 35243.0515 through 35243.0523; 35243.0501 through 35243.0504; 35243.0506; 35243.0495, 35243.0496, 35243.0491, and 35243.0492 Lots 7 through 12 of Block 8; together with the east half of vacated Dyer Street adjoining lot 7 of Block 8; all of Blocks 9, 10, 11 and 12; lots 1 through 6 of Block 13; and lots 4 through 7 of Block 14 of the Sparks Addition to Spokane recorded in Volume L, page 6 of Plat in Spokane County, Washington. Located in the Southwest Quarter (SW1/4) of Section 24, Township 25 North, Range 43 East Willamette Meridian, Subject to all existing encumbrances, including easements, covenants, restrictions and reservations of record, if any. Including without limitation the Restrictive Covenant recorded in Spokane County Auditor’s office Recording No. 4004878 on June 17, 1996 and all environmental matters referenced therein. Buildings and structures seen in some photos are not on the property but are of neighboring properties. Please note: That property is sold via a Quitclaim Deed. This parcel is offered for sale “as-is” and “where as,” without any representation or warranty, either expressed or implied, as to any intended use, purpose, or condition of the subject property or to any description of said property included herein.