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Property profile & analytics
OFF-MARKET
Warehouses
12620 Indiana Ave, Spokane Valley, WA 99216-1116
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-0826780
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
STEEL FRAME
Total area
16,190 SF
Lot
2.22 ac (96,670 SF)
APN
45103.0252
UPID
US90-0826780
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
O W Indiana LLC · 1 yrs held
O W Indiana LLC
since 2024
Last sale
$1.9M
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
$13,341
Tax year 2023
Assessed value
$1,271,750
Assessed 2024
Previous assessed
$1,187,250
+7.1% YoY
Effective rate
1.05%
On assessed value
Assessed land
$483,350
Assessed improvement
$788,400
Land market value
$483,350
Improvement market value
$788,400
Total market value
$1,271,750
Applied tax rate
146.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Total area
16,190 SF
Lot
2.22 ac (96,670 SF)
APN
45103.0252
UPID
US90-0826780
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
1975
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Lot
2.22 ac
Current owner
From public records · entity-resolved
O W Indiana LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8120 E MARINGO DR, SPOKANE, WA 99212-1859
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
$1,900,000
O W Indiana LLC
Snow & Cordill I 90 Investments LLC
Warranty Deed
—
Jun 2, 2020
$1,300,000
Snow & Cordill I-90 Invs LLC
Jbros LLC
Warranty Deed
—
Nov 8, 2017
—
Jbros LLC
Michalko,sarah
Quit Claim Deed
related
—
Jul 22, 2016
$1,200,000
Sarah Michalko
Compton,sally
Warranty Deed
$950,000 · Sally Compton
Oct 30, 2014
—
Trumark Supply Co
Zegke,heinz & Anne C
Grant Deed
—
Apr 26, 2001
—
Sally Compton
Ericksen,sally
Quit Claim Deed
related
—
Oct 4, 1999
—
Sally Ericksen
Term Corp
Quit Claim Deed
related
—
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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