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Financial
Distress signals
Property profile

125 S Arthur St Spokane, WA 99202

FOR SALE
Banks
Property ID
US90-1572792
16,224 SF 0.8 ac lot Built 1980
Last sale Aug 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
125 S Arthur St, Spokane, WA 99202 For Sale
Contact for pricing 16,224 SF
125 S Arthur St, Spokane, WA 99202
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Property summary

AI-generated overview

Gateway 1 & 2 is a commercial property in Spokane, Washington, situated on a 2.5-acre lot at 125 S Arthur St. & 1011 E 2nd Ave. The property comprises approximately 46,067 rentable square feet and is configured to support multiple uses, including industrial, retail, and office. Access is provided to Spokane, downtown, and Interstate 90. Building 2 contains approximately 10,110 square feet and includes dock and grade loading facilities, with space arranged to accommodate an owner-user or similar…

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?
$9k
Tax billed · 2023
Assessed value · 2024$953k
Assessed land$277k
Assessed improvement$675k
Effective rate0.98%

Value estimate

· Oct 2026
$435k
$392k – $479k
AI approach$435k
Submarket $/SF estimate$587k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 0.55% cap applied$35k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$170/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$95 – $280

Cap rate analysis

How does the asset earn?
0.55%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop11.1
Convenience Store10.7
Garden Center10.6

Location

125 S Arthur St Spokane, WA 99202
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1402 Division, Spokane, WA 99202-1811 $1,400,000 Jan 2025 8,900 SF
3025 Msn, Spokane, WA 99202 $650,000 Jun 2024 11,800 SF
604 Freya, Spokane, WA 99202-4611 $2,900,000 Nov 2023 14,460 SF
323 2nd, Spokane, WA 99202-1455 $1,570,000 Nov 2023 13,551 SF
4123 Sprague, Spokane, WA 99202-4850 $730,000 May 2023 10,500 SF
922 Division, Spokane, WA 99202-1616 $3,850,000 Mar 2023 30,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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