Mixed-Use Land for Sale in Greenacres, Washington
125 N Flora Rd, Greenacres, WA 99016
Prime Investment Opportunity! Unlock the potential of this versatile 0.49-acre parcel, ideally situated in the heart of Greenacres. Zoned CMU (Corridor Mixed-Use), this property offers a wide range of development possibilities-including multi-family housing (10-11 units), apartments, storage units, or commercial ventures. Currently on site is a spacious 1,697 sq.ft. double-wide manufactured home; featuring 4 bedrooms and 3 remodeled bathrooms with new vinyl windows and LVP flooring throughout home - ideal for rental income or temporary occupancy during redevelopment. The oversized, level lot also includes a massive 4-car shop, adding value and flexibility for future plans. Whether you're looking to develop a high-demand multi-family project or invest in long-term growth, this property delivers location, zoning, and scale in one powerful package.
Location
- Street address
- 125 N Flora Rd
- County
- Spokane County
- School district
- Central Valley
- Elevation
- 2,031 feet
Directions
North on Flora from Sprague. On left. Back on the market no fault of the sellers!
Property details
- Zoning
- Res
- MLS #
- SAR 202517490
- Posted
Parcels
- 45134.1774
Details and features
Listing
- Type
- Land
- Franchise
- Realty ONE Group
Lot
- View
- Territorial
- Features
- Fenced Yard, Fencing, Level, Oversized Lot
Exterior
- Structures
- Workshop
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Greenacres | Elementary | Central Valley | — |
| Greenacres | Middle | — | — |
| Ridgeline | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 19, 2025 | Under contract | $250,000 | — | SAR |
| Nov 7, 2025 | Back on market | $250,000 | — | SAR |
| Oct 4, 2025 | Under contract | $250,000 | — | SAR |
| Sept 1, 2025 | Back on market | $250,000 | — | SAR |
| Aug 2, 2025 | Under contract | $250,000 | — | SAR |
| May 28, 2025 | New listing | $250,000 | — | SAR |