Contact for pricing 2,160 SF

223 1St St, Cheney, WA 99004
View Listing

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?

$2k

Tax billed · 2023

Assessed value · 2024$182k

Assessed land$69k

Assessed improvement$113k

Effective rate0.84%

Value estimate

· Nov 2026

$250k

$225k – $275k

AI approach$275k

NOI build-up

Gross scheduled income$19k

Vacancy & credit loss−$2k

Operating expenses−$5k

NOI · 3.57% cap applied$12k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$188/SF

County average, outlier-cleaned · 288 recorded sales of this use type

Observed band · Q1–Q3$88 – $363

Qualifying comparables10

Cap rate analysis

How does the asset earn?

3.57%

$12k estimated NOI · market benchmarks for this use type

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

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: Law Firm

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

Demand index

Law Firm14.1

Dental Office12.1

Kitchen & Bath9.7

223 1St St Cheney, WA 99004

County assessor Recorded deeds · 5 transfers 10 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 · 9 properties nearby

Address Sale price Sold Size

502 1st, Cheney, WA 99004-1603 $235,000 Jan 2023 1,440 SF

111 G, Cheney, WA 99004-1569 $60,955 Sep 2020 1,824 SF

1630 1st, Cheney, WA 99004-1902 $175,000 Nov 2019 1,598 SF

513 1st, Cheney, WA 99004-1651 $255,000 Oct 2019 2,470 SF

2221 1st, Cheney, WA 99004-2049 $3,450,000 Jan 2019 2,040 SF

10021 Sr 904th, Spokane, WA 99004 $240,000 Dec 2018 2,400 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
$450,000

2,040 SF

2221 1st St

RETAIL STORES (PERSONAL SERVICES)

2221 1st St, Cheney, WA 99004-2049

View Details
Value Estimation
$325,000

2,328 SF

1002 1st St

RETAIL STORES (PERSONAL SERVICES)

1002 1st St, Cheney, WA 99004-1708

View Details
Value Estimation
$265,000

2,497 SF

5 Cheney Spokane Rd

FINANCIAL BUILDING

5 Cheney Spokane Rd, Cheney, WA 99004-2050

View Details
Value Estimation
$65,000

1,824 SF

111 G St

LAUNDROMAT (SELF-SERVICE)

111 G St, Cheney, WA 99004-1569

View Details
Value Estimation
$375,000

2,613 SF

1122 1st St

CONVENIENCE STORE

1122 1st St, Cheney, WA 99004-1710

View Details
Value Estimation
$385,000

2,613 SF

630 1st St

CONVENIENCE STORE

630 1st St, Cheney, WA 99004-1268

View Details

Similar Nearby for Lease

Contact for pricing
3,800 sqft

Corner Retail Office Suites

Newly renovated suites for lease are delivered as vanilla shell space in a downtown corner location.

706 1st St, Cheney, WA 99004

View Details
$16 SF/Yr

Retail Space in Cheney, WA

Retail space available on 1st Street and N Washington.

2710 1st Street, Cheney, WA 99004

View Details
New

Contact for pricing

Retail Space on Large Lot

2,421 SF retail space with excellent access.

1902 1st St, Cheney, WA 99004

View Details

Research This Page with AI

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

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

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

223 1St St Cheney, WA 99004