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 have pet damage and need to be refinished and some area may need to be replaced. .Basement apartment.Basement newly carpeted with indoor/outdoor carpet. Kitchenette has new counters.  Kitchenette and downstairs bathroom have tile floors. Upstairs kitchen and bathroom have new viniy floors. Price of property and buildings reflects its development potential This property is zoned for residential development ie 14 houses per acre. An elementary school in Cheney School District is being built across the street from this property and will open in the fall of 2012. 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 an offce 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 not included but the furnace in studio/office is included.   Antique Farm implement decorations do not stay. 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 under $23,000 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, 20 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.  A new Caterpiller Distribution Center the largest in the world is being built a half mile away on Hallett Rd.  This is a rapidly developing area for both commericail and residential properties. Sale agreement will include condition that seller can rent property monthly for up 8 months at $1500 per month following closing to facilitate the move of farm animals and farm equipment. Owner will entertain a legitimate and reasonable  offer through a realtor if it is a serious offer.  Price would need to be negotiated to include realtor fee but owner does not want to list with a realtor.