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Financial
Distress signals
Property profile

1023 N Monroe St Spokane, WA 99201

FOR LEASE
Manufacturing properties
Property ID
US90-0269580
15,295 SF 1.08 ac lot Built 1948
Last sale Sep 2022 · $2,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use building with approximately 15,295 square feet of total floor area and is designed to be divisible into separate spaces. It is situated on a corner lot at the intersection of North Monroe Street and West Gardner Avenue.

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?
$10k
Tax billed · 2023
Assessed value · 2024$1.00M
Assessed land$425k
Assessed improvement$579k
Effective rate0.98%

Value estimate

· Oct 2026
$2.21M
$1.98M – $2.43M
AI approach$2.19M
CAP approach$1.37M
Submarket $/SF estimate$2.02M
NOI build-up
Gross scheduled income$248k
Vacancy & credit loss−$21k
Operating expenses−$68k
NOI · 961,830.30% cap applied$159k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$180/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$48 – $382

Cap rate analysis

How does the asset earn?
961,830.30%
$159k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.6
Storage Facility10.7
Pet Grooming Service9.8

Location

1023 N Monroe St Spokane, WA 99201
County assessor Recorded deeds · 5 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

14 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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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?”
More about this property
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