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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Investment properties
12623 Sprague Ave Spokane Valley, WA 99216-0764
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0045658
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1986
Construction
STEEL FRAME
Total area
10,520 SF
Lot
0.94 ac (40,966 SF)
APN
45153.3823
UPID
US90-0045658
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
-
Jihong Zheng Agency LLC American Family Insurance Insurance Agency
-
Call Realty Property Management Property Management Company
-
Rachel Ferrari Physician
-
Rebel Barbershop Barber Shop
-
Lori Ann Crane Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$855k
Blend (final)
Blend
$745k
Owner & transaction history
Jade Trading Co LLC · 9 yrs held
Jade Trading Co LLC
since 2017
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$71 / SF
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
$8,447
Tax year 2023
Assessed value
$814,230
Assessed 2024
Previous assessed
$765,830
+6.3% YoY
Effective rate
1.04%
On assessed value
Assessed land
$327,730
Assessed improvement
$486,500
Land market value
$327,730
Improvement market value
$486,500
Total market value
$814,230
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
4
Total area
10,520 SF
Lot
0.94 ac (40,966 SF)
APN
45153.3823
UPID
US90-0045658
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
1986
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
4
Lot
0.94 ac
Current owner
From public records · entity-resolved
Jade Trading Co LLC
Entity
Mailing address
4000 138TH ST SE, MILL CREEK, WA 98012-8973
Ownership since
2017
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
Apr 20, 2017
—
Jade Trading Co LLC
Jade Trading Co LLC
Quit Claim Deed
related
$1,900,000 · Miscellaneous Ins Co
Jan 19, 2007
$3,500,000
Jade Trading Co LLC
Cherry Hill Orchards Wenatchee LLC
Warranty Deed
$2,500,000 · Countrywide Cmrcl Real Estate Fin INC
Jul 14, 2004
$2,775,000
Cherry Hill Orchards Wenatchee
Eagle Watch Investments INC
Warranty Deed
—
Jan 27, 2004
—
Eagle Watch Investments INC
—
Deed Of Trust
related
$1,780,000 · Banner Bank
Dec 23, 2002
$2,350,000
Eagle Watch Investments INC
Opportunity Plaza LLC
Grant Deed
$1,780,857 · American West Bank
Apr 7, 1998
—
Opportunity Plaza LLC
Penny,john D & Carol V
Grant Deed
related
—
Feb 3, 1997
$1,331,550
John D Penny
Opportunity Plaza Commerical
Grant Deed
—
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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