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Property profile & analytics
OFF-MARKET
Medical Office Space
12120 Broadway Ave Spokane Valley, WA 99206-7067
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-2028388
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2012
Total area
3,202 SF
Lot
0.54 ac (23,325 SF)
APN
45164.0163
UPID
US90-2028388
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
-
Broadway Heights Dental Dental Office
-
Darrin P. Rich, D.D.S. Dental Office
-
Dr. Nathan L. Cotton, DMD Dental Office
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
East Broadway Dental Building · 14 yrs held
East Broadway Dental Building
since 2011
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
$9,261
Tax year 2023
Assessed value
$956,750
Assessed 2024
Previous assessed
$888,150
+7.7% YoY
Effective rate
0.97%
On assessed value
Assessed land
$139,950
Assessed improvement
$816,800
Land market value
$139,950
Improvement market value
$816,800
Total market value
$956,750
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
DENTAL BUILDING
Status
Off-Market
Year built
2012
Heating
NONE
Stories
1
Total area
3,202 SF
Lot
0.54 ac (23,325 SF)
APN
45164.0163
UPID
US90-2028388
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
2012
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
East Broadway Dental Building
Individual
Mailing address
12120 E BROADWAY AVE, SPOKANE VALLEY, WA 99206-7067
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
—
East Broadway Dental Building LLC
—
Deed
related
$796,020 · Banner Bank
Nov 29, 2011
—
East Broadway Dental Building
—
Trustees Deed
related
$581,250 · Banner Bank
Sep 1, 2011
$130,000
East Broadway Dental Building
Broadway Professional Center O
Warranty Deed
$160,000 · Mullan & Broadway LLC
May 29, 2008
—
Bryan A Walker
Walker,cheryll J
Quit Claim Deed
related
—
Jun 3, 2003
—
Broadway Professional Ctr
T T & M Enterprises INC
Grant Deed
related
—
Apr 27, 1998
$73,336
Tt & M Enterprises INC
Woodard,stephen O & Lisa J
Grant Deed
$75,691 · Washington Trust Bank
—
—
East Broadway Dental Building
—
Deed Of Trust
related
$111,500 · Banner Bank
—
—
East Broadway Dental Building
—
Deed Of Trust
related
$1,390,000 · Banner Bank
—
—
East Broadway Dental Building
—
Deed Of Trust
related
$185,000 · Mullan & Broadway LLC
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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