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Financial
Distress signals
Property profile

16614 Sprague Ave Spokane Valley, WA 99037

OFF-MARKET
Warehouses
Property ID
US90-3235222
4,816 SF 1.09 ac lot Built 1930
Last sale Nov 2020 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,485 square foot storefront retail/showroom building presents a unique investment opportunity in the thriving Spokane Valley market. Situated on a 1.09-acre parcel at 16614 E Sprague Ave, Spokane Valley, WA 99037, this property boasts a highly visible location along a busy arterial, offering unparalleled exposure to a large customer base. Built in 2022, the two-story building is currently vacant, providing a blank canvas for a discerning buyer to customize to their specific…

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?
$6k
Tax billed · 2023
Assessed value · 2024$532k
Assessed land$190k
Assessed improvement$341k
Effective rate1.06%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$380k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$72 – $161

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
HVAC Service9.2
Convenience Store9.1

Location

16614 Sprague Ave Spokane Valley, WA 99037-8967
County assessor Recorded deeds · 8 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16608 Sprague, Spokane Valley, WA 99037-8967 $2,658,000 Aug 2025 12,545 SF
15916 Sprague, Spokane Valley, WA 99037-8964 $1,000,000 May 2025 6,480 SF
17002 Sprague, Spokane Valley, WA 99037-8910 $5,500,000 Feb 2023 45,000 SF
16104 Sprague, Spokane Valley, WA 99037-8904 $9,116,798 Aug 2019 7,200 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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