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1309 Dean Ave Spokane, WA 99201-2018

OFF-MARKET Office buildings Google Maps
4,214 SF 0.25 ac lot Built 1977
Entity Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$320k
Range $288k – $352k (±10%)
Property ID US90-0988453

Property summary

AI-generated overview

The Delphi Building offers exceptional office space in Spokane County. This two-building complex, constructed in 1977, totals 7,505 square feet on a 0.246-acre lot. The property features a traditional office layout adaptable to creative or executive office needs, with multiple tenancies available. Two suites are currently available, ranging from 1,050 to 1,500 square feet. Each suite benefits from convenient amenities including a reception area, conference room, and break room. Ample parking is provided for tenants and employees, and the building's location offers easy access to public transportation via nearby bus lines. The two-story building presents a unique opportunity for businesses seeking flexible and well-appointed office space in a desirable Spokane location. The property's versatile design caters to a variety of business types, making it an ideal choice for companies seeking a functional and comfortable workspace. The combination of convenient amenities, ample parking, and public transportation access makes this property a highly attractive option for businesses of all sizes. The existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and maximizing operational efficiency.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction STEEL FRAME
Total area 4,214 SF
Lot 0.25 ac (10,735 SF)
APN 35182.4015
UPID US90-0988453

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Child Welfare Organization
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$841k
Blend (final) Blend
$320k

Owner & transaction history

since 2019
7 recorded transactions
2025
Price N/A
2022
Price N/A
2020
Price N/A
2019
$830,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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