Financial
Distress signals
Property profile

1522 N Washington St Spokane, WA 99201

FOR LEASE
Office buildings
Property ID
US90-3258325
13,656 SF 0.55 ac lot Built 1957
Last sale May 2024 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 1522 N Washington St, Spokane is an office building that underwent renovation in 2020. It includes on-site parking for 41 vehicles and is located just north of Spokane’s downtown core. The building was configured for office use and includes established office tenancy, with long-term occupants including World Relief and A Legacy of Massage.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$7k
Tax billed · 2023
Assessed value · 2024$702k
Assessed land$156k
Assessed improvement$546k
Effective rate0.98%

Value estimate

· Sep 2026
$1.15M
$1.04M – $1.27M
AI approach$1.15M
Sales comparison$699k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$3k
Operating expenses−$5k
NOI · 103,860.00% cap applied$16k

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

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$135 – $325
Qualifying comparables3

Cap rate analysis

How does the asset earn?
103,860.00%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Tailor Shop8.8
Watch Repair Shop8.7

Location

1522 N Washington St Spokane, WA 99201
County assessor Recorded deeds · 8 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
1704 Broadway, Spokane, WA 99201-1818 $752,500 Dec 2025 6,120 SF
718 Riverside, Spokane, WA 99201-0710 $3,800,000 May 2024 7,305 SF
165 Howard, Spokane, WA 99201-4444 $1,950,000 Sep 2023 6,942 SF
720 Boone, Spokane, WA 99201-2560 $1,750,000 Aug 2023 6,000 SF
1009 Washington, Spokane, WA 99201-2279 $395,000 Jun 2023 5,075 SF
101 Cataldo, Spokane, WA 99201-3200 $2,675,000 Apr 2023 16,899 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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