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Financial
Distress signals
Property profile

220 Rowan Ave Spokane, WA 99207

OFF-MARKET
Medical Office Space
Property ID
US90-0458733
30,600 SF 0.42 ac lot Built 2005
Last sale Apr 2020 · $6,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-tenant medical office building located across the street from Provident Holy Family Hospital, approximately one block from Division, with a bus stop beside the building. It includes 1,800 square feet of 4th-floor space configured with 8 private medical offices, along with two unfinished expansion areas measuring either 909 or 1,233 square feet. On the 2nd floor, the east side provides 4,600 square feet with two large labs, three private offices (with potential to add a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$62k
Tax billed · 2023
Assessed value · 2024$6.39M
Assessed land$157k
Assessed improvement$6.24M
Effective rate0.98%

Value estimate

· Oct 2026
$9.74M
$8.77M – $10.71M
AI approach$9.19M
CAP approach$6.08M
Submarket $/SF estimate$6.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$238/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$138 – $318

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 Firm33.2
HVAC Service16.2
Wholesale Shop14.0

Location

220 Rowan Ave Spokane, WA 99207-1202
County assessor Recorded deeds · 11 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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