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Property profile & analytics
FOR LEASE
Drive through restaurants
14017 N Newport Hwy Colbert, WA 99021
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-1370563
For Lease
Contact for pricing
14017 N Newport Hwy, Colbert, WA 99021
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1995
Total area
384 SF
Lot
9.18 ac (399,699 SF)
APN
36031.0170
UPID
US90-1370563
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
Little Spokane Partners LLC · 19 yrs held
Little Spokane Partners LLC
since 2007
6 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 Colbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colbert 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
$34,799
Tax year 2023
Assessed value
$3,628,300
Assessed 2024
Previous assessed
$2,671,300
+35.8% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,598,800
Assessed improvement
$2,029,500
Land market value
$1,598,800
Improvement market value
$2,029,500
Total market value
$3,628,300
Applied tax rate
1,280.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1995
Heating
NONE
Buildings
3
Stories
1
Total area
384 SF
Lot
9.18 ac (399,699 SF)
APN
36031.0170
UPID
US90-1370563
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
1995
Heating
NONE
Stories
1
Buildings
3
Lot
9.18 ac
Current owner
From public records · entity-resolved
Little Spokane Partners LLC
Entity
Mailing address
12906 N ADDISON ST, SPOKANE, WA 99218-8204
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
—
Little Spokane Partners LLC
—
Deed
related
$1,500,000 · Numerica Cu
Jun 5, 2007
$1,550,000
Little Spokane Partners LLC
Main Street-houston LLC
Warranty Deed
—
Nov 18, 2003
—
Main Street Houston LLC
C & S Airpark Associates LLC
Quit Claim Deed
related
—
—
—
Little Spokane Partners LLC
—
Deed Of Trust
related
$1,500,000 · Numerica Cu
—
—
Clifford L Helm
—
Deed Of Trust
related
$140,000 · Farmers & Merchants Bk Rockfor
—
—
Cliff Helm
—
Deed Of Trust
related
$1,697,000 · Farmers & Merchants Bk Rockfor
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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