Neighborhood Commercial Zoned Lot

For Lease

721 South University Road, Spokane Valley, WA 99206

There is currently one space available at Neighborhood Commercial Zoned Lot. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 53,578 square feet. Of this, minimum divisible area is 1.23 square feet. The listed lease rate is contact for pricing.

Space Available For Lease 1

Contacts

Chris Bornhoft, CCIM

SDS Realty

Property Details

  • Property Type VacantLand
  • Lot Size 1.23 Acre
  • Date Updated May 18, 2026
Immerse yourself in the captivating surroundings of Spokane Valley, WA. Embraced by the natural beauty of the Pacific Northwest, the area embodies a perfect blend of urban life and outdoor adventure. Indulge in a variety of shopping and dining experiences along the renowned Sprague Retail Corridor, and enjoy easy access to groceries and amenities. This property is zoned as "neighborhood commercial," making it an excellent choice for a variety of uses to serve the local community. Access to major highways ensures smooth commuting, making this locale an ideal fusion of professional convenience and recreational fulfillment. Experience the balance of work and leisure in this delightful neighborhood.Rare 1.23-acre corner land opportunity at 8th & University in Spokane Valley. Zoned Neighborhood Commercial (NC), this vacant site is well positioned for a range of neighborhood-serving commercial concepts. With strong corner presence and flexibility for future development, the property offers an excellent opportunity for users, investors, or developers seeking a site in a growing Spokane Valley corridor. Potential uses should be verified with the City of Spokane Valley, but the NC zoning is intended to accommodate commercial activity that serves surrounding neighborhoods. The parcel is vacant, available, and ready for a new tenant or development vision.
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Highlights

  • Animal clinic/veterinary
  • Battery charging stations
  • Car wash
  • Church, temple, mosque, synagogue, and house of worship
  • Community facilities
  • Community hall, club, or lodge
  • Cultural facilities
  • Day care, adult
  • Day care, child (12 children or fewer)
  • Day care, child (13 children or more)
  • Dwelling, accessory units
  • Dwelling, caretaker’s residence
  • Dwelling, single-family
  • Dwelling, townhouse
  • Eating and drinking establishment
  • Eating/drinking and some community/institutional uses are permitted
  • Electric vehicle infrastructure
  • Fueling station
  • Kennel
  • Medical

Attachments

Getting around

  • 59/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Spokane Valley, WA
  • Neighborhood Opportunity
  • Zip Code 99206
  • Market Spokane

Points of Interest

  • nomnom

    0.45 miles

  • Exxon

    0.56 miles

  • Conoco

    1.05 miles

  • Indie Food Mart and Fuel

    1.05 miles

  • Holiday

    1.21 miles

  • ChargePoint

    8.43 miles

  • Phillips Creek Trailhead

    2.22 miles

  • Mirabeau South Trailhead

    2.79 miles

  • Mirabeau North Trailhead

    2.92 miles

  • Iller Creek Trailhead

    3.49 miles

  • Lot P4

    4.62 miles

  • Lot P3

    4.68 miles

  • P25

    4.69 miles

  • Lot P5

    4.75 miles

  • Lot P28

    4.77 miles

  • Lot P2

    4.78 miles

  • HomeTowne Studios

    1.38 miles

  • Holiday Inn Express Spokane Valley

    1.69 miles

  • Fairfield Inn & Suites

    1.88 miles

  • Comfort Inn & Suites

    1.90 miles

  • Baymont Inn & Suites

    1.95 miles

  • Super 8 Spokane Valley

    1.97 miles

  • Motel 6

    2.03 miles

  • Tru by Hilton

    2.58 miles

  • Red Top Motel

    2.81 miles

  • Rodeway Inn & Suites Spokane

    2.87 miles

  • Rosauers

    0.38 miles

  • WinCo Foods

    0.70 miles

  • Grocery Outlet

    1.03 miles

  • Yoke's

    1.47 miles

  • Lieng & Pheng Oriental Market

    1.59 miles

  • Target

    1.92 miles

  • Safeway

    2.11 miles

  • Harvest foods

    2.12 miles

  • Big Lots

    2.15 miles

  • Yoke's Fresh Market

    2.24 miles

Contact Listing Broker
Chris Bornhoft, CCIM

SDS Realty

  1. 1Main information
  2. 2Extra information
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