Property profile & analytics
1313 Atlantic St Spokane, WA 99201-2303
- Office buildings
- 56,520 SF
- 2.98 lot acres
OFF-MARKET
Last Sale
Feb 10, 2025
Feb 10, 2025
Value Estimations
$15,505,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US90-1646484
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- INHS Training Facility / High School
- Branches Spokane / Crisis Center / Medical Clinic
- Vocational Rehabilitation / Social Service Agency / Charitable Organization
- Bureau of Alcohol, Tobacco, Firearms and Explosives / Government Office / Federal Government Office
- Reporting-Child Abuse-Neglect / Social Service Agency / Charitable Organization
Property Details for 1313 Atlantic St
- Year built
- 1998
- Lot size
- 2.98 lot acres
- Property size
- 56,520 SF
- Property type
- Office buildings
- APN
- 35181.0907
- APU
- 351810907
Description
This exceptional Class A office space, Suite 2000, offers 56,000 square feet of versatile workspace within a larger 282,600 square foot building situated on a 2.98-acre lot in Spokane, Washington. The property, identified by APN 35181.0907, is ideally located at 1313 N Atlantic St, 99201, providing easy access to downtown Spokane's central business district and Interstate 90. The suite boasts a modern, plug-and-play layout, including approximately 500 ready-to-use workstations, eight conference rooms, and nine workrooms. Amenities include a 24/7 on-site parking garage with keycard access, offering a generous parking ratio of 5 spaces per 1,000 square feet. Multiple common conference rooms and an on-site fitness center further enhance the tenant experience. This traditional office space is perfect for a large organization seeking a prestigious and well-equipped location in Spokane's thriving business environment. The building's multiple tenancy structure offers flexibility and a vibrant community atmosphere.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,390,000
- 6.5%
- $13,280,000
- 7%
- $12,330,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $18,340,000
- AI Estimate
- $14,896,000
Market price range: $7.64M - $18.3MMarket price range: $2.84M - $14.9M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $13,990,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $24,715,000 Change: +77% Conversion: Easy
- MEDICAL BUILDING
- $13,445,000 Change: -4% Conversion: Easy
- RESTAURANT
- $12,525,000 Change: -10% Conversion: Moderate
- RETAIL STORES
- $12,205,000 Change: -13% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.413
- Latitude
- 47.6694
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$320,857
$1,036,800
$31,868,500
$32,905,300
-
$1,036,800
$31,868,500
$32,905,300
