Financial
Distress signals
Property profile

1420 3rd Ave Spokane, WA 99201

OFF-MARKET
Retail space
Property ID
US90-0650514
5,031 SF 0.22 ac lot Built 1986
Last sale Aug 2018
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail space, located at 1420 W 3rd Avenue in Spokane, Washington, 99201, offers 2,000 square feet of versatile commercial space. Currently vacant, this property presents a unique opportunity for a business seeking high visibility and foot traffic. Previously occupied by a Subway restaurant, the space boasts a proven history of success in a thriving commercial district. The location benefits from its proximity to established businesses such as Pizza Hut, Metro PCS, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$774k
Assessed land$263k
Assessed improvement$511k
Effective rate0.98%

Value estimate

· Sep 2026
$370k
$333k – $407k
CAP approach$805k
Sales comparison$517k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$216/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$102 – $363
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply23.2
Storage Facility13.6
Carpet & Flooring Store11.3

Location

1420 3rd Ave Spokane, WA 99201-7024
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
209 Main, Spokane, WA 99201-0111 $1,100,000 Jan 2026 4,000 SF
1401 Monroe, Spokane, WA 99201-2624 $59,998 Dec 2023 5,776 SF
1209 1st, Spokane, WA 99201-4101 $1,175,000 Sep 2023 4,254 SF
417 2nd, Spokane, WA 99201 $1,100,000 Jul 2023 6,300 SF
1527 3rd, Spokane, WA 99201-7025 $475,000 Jun 2023 5,057 SF
224 Howard, Spokane, WA 99201-4419 $996,100 Apr 2023 4,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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