This is a developers dream. In an area that is exploding with growth both residentail and industrial. 29.31 buildaable acres located inside Urban Growth Boundary and zoned low density residential. This acreage does not include the easement for the utility poles on the east end of the property. Total acreage is 30 acres. This is two tax lots.. This is investment/development property. House needs work. Hardwood floors, carpet, laminate floors. Downstairs Kitchen and bathroom have tile floors. Upstairs kitchen and bathroom have new vinyl floors. New appliances and new roof and electric furnace. Price of property and buildings reflects its development potential This property is currently being used as horse property and can be used as such with new ownership according to county. Philip Snowdon elementary school in Cheney School District is across the street from this property. Property could possibly be rezoned to include hi density housing as well as low density housing. There are two barns on the property. One can be moved. Moveable barn is included in sale. There is also a two room offce or studio that has a furnace/air conditioning but is not plumbed. All other moveable farm/horse equipment including moveable fencing is not included in the sale. Natural gas generator is included. Antique Farm implement decorations could be included for negotiable additional cost. Property has a well and septic but city water and sewer are at property line. Natural gas lines are on the property. Land is priced below current selling prices on adjoining properties.The property is priced at $28,000 per acre and neighboring properties on the south side of Hallett are priced at $35,000+ per acre for the land only and not including the buildings and are not currently zoned for low density housing nor in the Urban Growth Area. This property is ready for development and will only increase in value over the next few years. This property is surrounded by housing developments, one currently being developed on west side of property. Property on the Northeast side of the propety is being rezoned for high density housing for which this propety would probably qualify, This property is ten minutes from Spokane International Airport, five minutes from I 90 and 10 minutes from downtown Spokane, 15 minutes from Eastern Washington University in Cheney, WA 15 minutes from Gonzaga University in Spokane and 15 minutes from Fairchild Air Base and Airway Heights WA. 12 minutes from the south hill in Spokane.
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