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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Medical Office Space
1116 Westview Ct, Spokane, WA 99218-1396
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-3330144
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Total area
18,330 SF
Lot
2.04 ac (88,690 SF)
APN
36174.0022
UPID
US90-3330144
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
-
Fresenius Kidney Care Northpointe Medical Clinic
-
Doctor Hussey Optometry Physician
-
Wayfinder RCM, Inc. Medical Billing Service
-
Hussey Optometry Office Physician
-
Peak Credentialing Business To Business 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
$2.37M
Owner & transaction history
D&d Family LLC · 7 yrs held
D&d Family LLC
since 2019
7 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 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
$3,625,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±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
$129 / 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
$36,992
Tax year 2023
Assessed value
$4,135,830
Assessed 2024
Previous assessed
$3,756,740
+10.1% YoY
Effective rate
0.89%
On assessed value
Assessed land
$620,830
Assessed improvement
$3,515,000
Land market value
$620,830
Improvement market value
$3,515,000
Total market value
$4,135,830
Applied tax rate
30.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Heating
NONE
Stories
1
Total area
18,330 SF
Lot
2.04 ac (88,690 SF)
APN
36174.0022
UPID
US90-3330144
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
Est. value
$3.6M
AUTO REPAIR, GARAGE
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
1997
Heating
NONE
Stories
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
D&d Family LLC
Entity
Mailing address
601 W MAIN AVE STE #400, SPOKANE, WA 99201-0613
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2019
$3,075,000
D&d Family LLC
Westview 1116 LLC
Warranty Deed
$1,998,000 · Washington Trust Bank
Dec 10, 2018
—
Weestview 1116 LLC
—
Deed
related
$200,000 · Mountain West Bank
Aug 22, 2013
—
Westview 1116 LLC
Silvey,michael W & Clare
Quit Claim Deed
related
—
Jun 17, 2013
$900,280
Michael W Silvey
Comerica Bank
Special Warranty Deed
$500,000 · Mountain West Bank
Apr 17, 2013
$1,500,000
Comerica Bk
Sheriff Of Spokane County
Trustees Deed
related
—
Oct 29, 2007
$3,150,000
Northpointe Busn & Leasing LLC
Mumm Ents LLC
Warranty Deed
$1,944,500 · Sterling Bank
Feb 24, 2006
$274,248
Start Dev III LLC
Mumm Ents LLC
Warranty Deed
—
—
—
Mumm Enterprises LLC
—
Deed Of Trust
related
$1,589,000 · Wells Fargo Bank
—
—
Spinal Diagnostics PLLC
—
Deed Of Trust
related
$1,555,600 · Riverbank
—
—
Northpointe Busn & Leasing LLC
—
Deed Of Trust
related
$1,601,000 · Northwest Busn Dev Assn
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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