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Financial
Distress signals
Property profile

12408 Division St Spokane, WA 99218

OFF-MARKET
Retail space
Property ID
US90-2052301
774 SF 0.15 ac lot Built 1989
Last sale Dec 2010 · $15,000,280
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 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 pad site in Wandermere West, identified as Lot C, totaling approximately 51,855 square feet. It is situated in a visible location directly off Highway 395/Division Street within a commercial corridor, providing convenient vehicular access and frontage exposure. The site is suited for commercial development, including retail, restaurant, or service-oriented uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$740k
Assessed land$57k
Assessed improvement$683k
Effective rate0.93%

Value estimate

· Oct 2026
$340k
$306k – $374k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$230/SF
Submarket average, outlier-cleaned · 212 recorded sales of this use type
Observed band · Q1–Q3$91 – $419

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.4
Building Supply16.8
Wholesale Shop16.6

Location

12408 Division St Spokane, WA 99218-1930
County assessor Recorded deeds · 3 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35 Holland, Spokane, WA 99218-1208 $260,000 Jul 2025 546 SF
426 Hastings, Spokane, WA 99218-1937 $3,817,450 Jan 2025 4,948 SF
711 Hastings, Spokane, WA 99218-2819 $1,500,000 Sep 2021 2,994 SF
10117 Division, Spokane, WA 99218-1306 $775,000 Jan 2020 1,349 SF
10306 Nevada, Spokane, WA 99218-1419 $600,000 Aug 2019 4,481 SF
12208 Division, Spokane, WA 99218-3619 $974,000 Jul 2019 4,830 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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