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Property profile & analytics
OFF-MARKET
Medical Office Space
11916 Cataldo Ave, Spokane Valley, WA 99206-6390
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1669325
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Total area
7,362 SF
Lot
1.45 ac (63,306 SF)
APN
45161.1175
UPID
US90-1669325
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
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
Shawn L Gabel · 6 yrs held
Shawn L Gabel
since 2020
Last sale
$190,000
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 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
$49,681
Tax year 2023
Assessed value
$5,240,920
Assessed 2024
Previous assessed
$4,475,520
+17.1% YoY
Effective rate
0.95%
On assessed value
Assessed land
$189,920
Assessed improvement
$5,051,000
Land market value
$189,920
Improvement market value
$5,051,000
Total market value
$5,240,920
Applied tax rate
144.0000
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
2019
Heating
NONE
Buildings
3
Stories
1
Total area
7,362 SF
Lot
1.45 ac (63,306 SF)
APN
45161.1175
UPID
US90-1669325
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
2019
Heating
NONE
Stories
1
Buildings
3
Lot
1.45 ac
Current owner
From public records · entity-resolved
Shawn L Gabel
Individual
Mailing address
26715 N PTARMIGAN RD, CHATTAROY, WA 99003-9645
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Jun 16, 2020
—
Son Light Investments LLC
—
Deed
related
$3,193,214 · Mountain West Bank
Jun 8, 2020
—
Shawn L Gabel
Gabel Grounds LLC
Correction Deed
related
—
Feb 11, 2020
—
Son Light Investments LLC
Shawn L Gabel
Quit Claim Deed
related
—
May 31, 2019
—
Gabel Grounds LLC
—
Deed
related
$1,457,024 · Mountain West Bank
Dec 30, 2016
$190,000
Gabel Grounds LLC
N T Investments LLC
Warranty Deed
—
Jun 17, 2013
$70,000
Nt Investments LLC
Springer Dev LLC
Grant Deed
—
Aug 12, 2011
—
Springer Dev LLC
Banner Bk
Quit Claim Deed
related
—
Aug 8, 2011
—
Banner Bk
Tnj One Broadway LLC
Deed In Lieu Of Foreclosure
related
—
—
—
Tnj On Broadway LLC
—
Deed Of Trust
related
$25,177 · Robert H Tomlinson
—
—
Nt Investments LLC
—
Deed Of Trust
related
$347,510 · R-factor
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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