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    502 Riverside Ave Spokane, WA 99201

    • Office buildings
    • 8,230 SF
    • 0.21 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US90-3359500
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Numerica Credit Union - Downtown Branch / Credit Union
    • Devfuzion 24x7 IT & Cybersecurity / Computer Security Service
    • Edwards LaLone Travel / Travel Agency
    • KSBN-AM Spokane / Telecommunications Equipment Supplier / Telecommunications
    • Fellowship Financial Planning / Financial Planner

    Property Details for 502 Riverside Ave

    Year built
    1953
    Lot size
    0.21 lot acres
    Property size
    8,230 SF
    Property type
    Office buildings
    APN
    35184.2417
    APU
    351842417

    Description

    Located at 502 W Riverside Ave in Spokane, Washington (zip code 99201), this exceptional commercial property offers a diverse range of office spaces ideal for various business needs. The building features multiple tenancies, catering to businesses of all sizes. Available spaces range from a compact 1,240 square feet to expansive 11,194 square feet, providing flexibility for businesses seeking smaller, efficient layouts or larger, collaborative work environments. The property's classification includes Creative Office, Traditional Office, Professional, Lab, and Production spaces, showcasing its adaptability to a wide array of industries and operational requirements. Situated in Spokane County, this location benefits from excellent access to the city's amenities and transportation networks. The exact total square footage of the building is currently unavailable. This prime Spokane Riverfront location presents a unique opportunity for businesses seeking a dynamic and versatile workspace. The property's diverse subtype classifications highlight its suitability for a broad spectrum of commercial uses. Inquire today to explore the available spaces and discover how this property can meet your business needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.42
    Latitude
    47.6583
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,009
    $659,020
    $899,700
    $1,558,720
    -
    $659,020
    $899,700
    $1,558,720

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    502 Riverside Ave
    Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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