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Property profile & analytics
OFF-MARKET
Auto shops
1321 2nd St, Cheney, WA 99004-1808
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-0541951
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1961
Construction
STEEL FRAME
Total area
9,000 SF
Lot
0.29 ac (12,500 SF)
APN
13124.2101
UPID
US90-0541951
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
Bizquest LLC · 3 yrs held
Bizquest LLC
since 2023
Last sale
$239,719
5 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 Cheney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheney 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
$2,892
Tax year 2023
Assessed value
$345,100
Assessed 2024
Previous assessed
$342,300
+0.8% YoY
Effective rate
0.84%
On assessed value
Assessed land
$75,000
Assessed improvement
$270,100
Land market value
$75,000
Improvement market value
$270,100
Total market value
$345,100
Applied tax rate
110.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1961
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Total area
9,000 SF
Lot
0.29 ac (12,500 SF)
APN
13124.2101
UPID
US90-0541951
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
1961
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Bizquest LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9402 W CLAIRE AVE, CHENEY, WA 99004-9388
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2023
—
Bizquest LLC
Real Biz LLC
Intrafamily Transfer
related
—
May 7, 2018
$239,719
Colin Campbell
Gillingham,randall J
Warranty Deed
—
Sep 30, 2009
—
Colin Campbell
Ohashi,robert H
Quit Claim Deed
related
—
Mar 24, 2005
—
Robert H Ohashi
Campbell,colin
Quit Claim Deed
related
—
Apr 22, 2003
$240,000
Colin Campbell
Gillingham,randall J
—
$229,982 · Randall J Gillingham
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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