An office property located near Spokane’s downtown core with convenient access to and from I-90. The site provides on-site parking and supports pylon signage, and the property is situated on a bus line. Approximate drive times to nearby hospitals are about 4 minutes to Sacred Heart Hospital, 5 minutes to Deaconess Hospital, 14 minutes to Holy Family Hospital, and 15 minutes to Spokane Valley Hospital.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$17k

Tax billed · 2023

Assessed value · 2024$1.71M

Assessed land$371k

Assessed improvement$1.34M

Effective rate0.98%

Value estimate

· Nov 2026

$1.48M

$1.33M – $1.62M

AI approach$1.57M

Submarket $/SF estimate$1.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$170/SF

Submarket average, outlier-cleaned · 38 recorded sales of this use type

Observed band · Q1–Q3$95 – $280

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?

Best fit: Locksmith

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Locksmith8.7

Kitchen & Bath8.5

Tailor Shop8.5

323 2nd Ave Spokane, WA 99202-1455

County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby

Address Sale price Sold Size

220 2nd, Spokane, WA 99202-1507 $1,390,000 Jul 2025 8,000 SF

1402 Division, Spokane, WA 99202-1811 $1,400,000 Jan 2025 8,900 SF

3025 Msn, Spokane, WA 99202 $650,000 Jun 2024 11,800 SF

1507 Sprague, Spokane, WA 99202-3112 $1,405,000 Jan 2024 8,400 SF

604 Freya, Spokane, WA 99202-4611 $2,900,000 Nov 2023 14,460 SF

4123 Sprague, Spokane, WA 99202-4850 $730,000 May 2023 10,500 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$570,000

11,200 SF

706 Sprague Ave

RETAIL STORES (PERSONAL SERVICES)

706 Sprague Ave, Spokane, WA 99202-2124

View Details
Value Estimation
$535,000

10,300 SF

1902 Msn Ave

RETAIL STORES (PERSONAL SERVICES)

1902 Msn Ave, Spokane, WA 99202-2625

View Details
Value Estimation
$365,000

6,390 SF

1916 Sprague Ave

RETAIL STORES (PERSONAL SERVICES)

1916 Sprague Ave, Spokane, WA 99202-3121

View Details
Value Estimation
$430,000

6,000 SF

123 2nd Ave

FINANCIAL BUILDING

123 2nd Ave, Spokane, WA 99202-1525

View Details
Value Estimation
$570,000

5,037 SF

26 5th Ave

FINANCIAL BUILDING

26 5th Ave, Spokane, WA 99202-1309

View Details
Value Estimation
$685,000

4,500 SF

3104 Sprague Ave

RETAIL STORES (PERSONAL SERVICES)

3104 Sprague Ave, Spokane, WA 99202-3949

View Details

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Includes: Price & PSF · Cap rate · Location · Zoning

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323 2nd Ave Spokane, WA 99202

Property summary