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Property profile & analytics
OFF-MARKET
Estimated value
$4,960,000
Automotive properties
10701 Newport Hwy, Spokane, WA 99218-1642
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1962740
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2012
Total area
29,072 SF
Lot
4.55 ac (198,163 SF)
APN
36171.0114
UPID
US90-1962740
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
-
Lithia Chrysler Dodge Jeep Ram Fiat of Spokane Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.29M
Blend (final)
Blend
$4.96M
Owner & transaction history
Lithia Real Estate INC · 10 yrs held
Lithia Real Estate INC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.3M
+26.6%
Medical building
$6.9M
+20.4%
Retail stores
$6.7M
+16.5%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,745,000
Current use
OFFICE BUILDING
$7,270,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$6,915,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$6,695,000
Change: +17% · Conversion: Difficult
RESTAURANT
$6,445,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,235,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,690,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$4.96M
Range $4.46M – $5.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$171 / SF
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
$52,078
Tax year 2023
Assessed value
$5,546,950
Assessed 2024
Previous assessed
$5,050,970
+9.8% YoY
Effective rate
0.94%
On assessed value
Assessed land
$1,882,550
Assessed improvement
$3,664,400
Land market value
$1,882,550
Improvement market value
$3,664,400
Total market value
$5,546,950
Applied tax rate
1,280.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2012
Heating
NONE
Stories
2
Total area
29,072 SF
Lot
4.55 ac (198,163 SF)
APN
36171.0114
UPID
US90-1962740
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.7M
OFFICE BUILDING
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$6.9M
RETAIL STORES
Est. value
$6.7M
RESTAURANT
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$4.7M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Heating
NONE
Stories
2
Lot
4.55 ac
Current owner
From public records · entity-resolved
Lithia Real Estate INC
Entity
Free & Clear · 10 yrs held
Mailing address
150 N BARTLETT ST, MEDFORD, OR 97501-6015
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
Lithia Real Estate INC
—
Deed
related
$9,280,000 · First Interstate Bank
Jul 15, 2020
—
Lithia Real Estate INC
—
Deed
related
$254,700,000 · Wells Fargo Bk
Dec 17, 2015
$8,500,000
Lithia Real Estate INC
Barton Props
Warranty Deed
—
—
—
Lithia Real Estate INC
—
Deed Of Trust
related
$254,700,000 · Wells Fargo Bk
—
—
Pine Water Plaza LLC
—
Deed Of Trust
related
$140,000 · Wheatland Bank
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.
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