Seize a rare investment and development opportunity in the heart of Spokane Valley. Preliminary plat engineering has already been completed for a five-lot residential subdivision, substantially reducing future planning time and costs. While the preliminary plat has expired, the engineering work remains in place and may be renewed through the City of Spokane Valley for a buyer wishing to complete the five-parcel development. The property also offers flexibility for alternative development concepts, including a multifamily project on a single parcel, subject to buyer verification and city approval. Utilities are available at the property line for convenient future connection. Ideally located near shopping, dining, schools, parks, recreation, and major transportation corridors, this property combines strong development potential with exceptional accessibility. An outstanding opportunity for builders, developers, and investors seeking multiple paths to maximize value.