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Property profile & analytics
FOR LEASE
Warehouses
10020 E Montgomery Dr, Spokane Valley, WA 99206
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-1363259
For Lease
$2,784/Mo
10020 E Montgomery Dr, Spokane Valley, WA 99206
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
STEEL FRAME
Total area
14,872 SF
Lot
1.01 ac (43,996 SF)
APN
45081.0198
UPID
US90-1363259
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lancer Ltd. Marketing & Advertising Printing Service
-
Start 2 Finish Coatings LLC General Contractor
-
Minuteman Press (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bise Enterprises Corporation · 3 yrs held
Bise Enterprises Corporation
since 2022
Last sale
$140,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spokane Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,800
Tax year 2023
Assessed value
$1,109,690
Assessed 2024
Previous assessed
$984,890
+12.7% YoY
Effective rate
0.97%
On assessed value
Assessed land
$87,990
Assessed improvement
$1,021,700
Land market value
$87,990
Improvement market value
$1,021,700
Total market value
$1,109,690
Applied tax rate
146.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
14,872 SF
Lot
1.01 ac (43,996 SF)
APN
45081.0198
UPID
US90-1363259
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
Bise Enterprises Corporation
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 198, NEWMAN LAKE, WA 99025-0198
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
—
Bise Enterprises Corporation
Bise Wa Comm Properties LLC
Lease
—
May 27, 2022
$140,000
Bise Wa Comm Property LLC
Warren Jefvert
Warranty Deed
$664,050 · Banner Bank
May 7, 2004
$700,000
Warren Jefvert
Harmon,cecil J & Margaret J
Grant Deed
$560,000 · Cecil J & Margaret J Harmon
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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