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    Property profile & analytics

    1023 N Monroe St Spokane, WA 99260

    • Manufacturing properties
    • 15,295 SF
    • 1.08 lot acres
    For Lease
    View listing
    Value Estimation
    $2,230,000
    Last Sale
    Sep 23, 2022
    $2,425,000
    Location Intelligence
    Property ID
    US90-0269580
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rebuilt Engine Store / Car Repair And Maintenance Service

    Property Details for 1023 N Monroe St

    Year built
    1948
    Construction
    CONCRETE
    Lot size
    1.08 lot acres
    Property size
    15,295 SF
    Property type
    Manufacturing properties
    APN
    35182.0002
    APU
    351820002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,330,000
      6.5%
      $2,230,000
      7%
      $2,330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,515,000
      Geo Method
      $2,390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,000,000
      Retail
      $2,455,000
      Mixed-Use
      $2,000,000
      Hospitality
      $2,400,000
      Educational
      $2,445,000
      Residential Income
      $1,980,000
      Energy
      $2,370,000
      Income-Based Land
      $1,975,000
      Food Service
      $2,340,000

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.427
    Latitude
    47.6667
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,804
    $424,920
    $579,300
    $1,004,220
    -
    $424,920
    $579,300
    $1,004,220

    Comparable in this City

    • Value Estimation
      $385,000
      9,880 SF

      1730 Sharp Ave

      MANUFACTURING (LIGHT) • 9,880 SF
      1730 Sharp Ave, Spokane, WA 99201-2846
      View Details
    • Value Estimation
      $365,000
      5,205 SF

      1927 Maxwell Ave

      MANUFACTURING (LIGHT) • 5,205 SF
      1927 Maxwell Ave, Spokane, WA 99201-2833
      View Details
    • Value Estimation
      $330,000
      7,200 SF

      1213 Railroad Ave

      WAREHOUSE, STORAGE • 7,200 SF
      1213 Railroad Ave, Spokane, WA 99201-4613
      View Details
    • Value Estimation by Request
      1,620 SF

      1859 Broadway Ave

      WAREHOUSE, STORAGE • 1,620 SF
      1859 Broadway Ave, Spokane, WA 99201-1819
      View Details
    • Value Estimation
      $1,355,000
      14,768 SF

      1323 Cedar St

      WAREHOUSE, STORAGE • 14,768 SF
      1323 Cedar St, Spokane, WA 99201
      View Details
    • Value Estimation
      $505,000
      23,364 SF

      1327 Gardner Ave

      WAREHOUSE, STORAGE • 23,364 SF
      1327 Gardner Ave, Spokane, WA 99201
      View Details

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    Spokane, WA 99260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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