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Property profile

12 Rowan Ave Spokane, WA 99207

OFF-MARKET
Office buildings
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Property ID
US90-0472752
5,644 SF 0.57 ac Built 1988
Last sale May 2023·$2,610,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a ground-level office space of approximately 2,500 square feet in a building completed in 1988, located at the corner of N Division St and E Rowan Ave. The space is furnished and designed for office use, with parking provided for occupants and visitors. The surrounding area includes retail businesses and shopping centers such as Trader Joe’s, Ross Dress for Less, Boot Barn, Bath & Body Works, Northtown Mall, CVS, and Guitar Center.

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?
$25k
Tax billed · 2023
Assessed value · 2024$2.58M
Assessed land$273k
Assessed improvement$2.31M
Effective rate0.98%

Value estimate

· Nov 2026
$2.45M
$2.21M – $2.70M
AI approach$2.61M
Submarket $/SF estimate$2.10M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$250/SF
Submarket average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$145 – $372
Qualifying comparables3

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

No data for this section
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm31.9
Wholesale Shop30.9
Building Supply30.8

Location

12 Rowan Ave Spokane, WA 99207-6007
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2615 Cincinnati, Spokane, WA 99207-2703 $6,900,000 Feb 2026 7,820 SF
920 Wolverton, Spokane, WA 99207-2746 $520,000 Aug 2024 1,922 SF
27 Augusta, Spokane, WA 99207-2404 $750,000 Mar 2022 2,304 SF
3430 Cook, Spokane, WA 99207-5715 $140,000 May 2020 1,956 SF
520 En Foothills, Spokane, WA 99207-2164 $141,288 Feb 2020 10,500 SF
1701 Division, Spokane, WA 99207-2310 $875,000 Dec 2018 4,605 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
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,050,000
    5,750 SF
    124 Augusta Ave
    OFFICE BUILDING
    124 Augusta Ave, Spokane, WA 99207-2481
    View Details
  • Value Estimation
    $810,000
    5,120 SF
    220 Wellesley Ave
    OFFICE BUILDING
    220 Wellesley Ave, Spokane, WA 99207-1425
    View Details
  • Value Estimation
    $770,000
    5,008 SF
    108 Indiana Ave
    OFFICE BUILDING
    108 Indiana Ave, Spokane, WA 99207-5078
    View Details
  • Value Estimation
    $1,610,000
    7,380 SF
    1912 Division St
    OFFICE BUILDING
    1912 Division St, Spokane, WA 99207-2230
    View Details
  • Value Estimation by Request
    7,820 SF
    2615 Cincinnati St
    OFFICE BUILDING
    2615 Cincinnati St, Spokane, WA 99207-2703
    View Details
  • Value Estimation
    $760,000
    4,040 SF
    2708 Division St
    OFFICE BUILDING
    2708 Division St, Spokane, WA 99207
    View Details

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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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