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Property profile & analytics
OFF-MARKET
Outlet malls
15320 Marietta Ave, Spokane Valley, WA 99216-1870
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1395587
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2002
Total area
32,400 SF
Lot
4.52 ac (196,891 SF)
APN
45111.0109
UPID
US90-1395587
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
Current use
Occupant on record · Public records
-
Rotech Healthcare Production Facility
-
Isec Inc Construction Company General Contractor
-
H & H Business Systems Inc (Bike/Boat/Book/etc) Store Printing Service
-
Northwest Home Medical Medical Supply Store
-
Airborne Motorworks, Inc. Corporate Office Factory
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
North Valley Business Park Phase I · 1 yrs held
North Valley Business Park Phase I
since 2024
Last sale
$100,000
4 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 Spokane Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane Valley 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
$37,839
Tax year 2023
Assessed value
$3,377,789
Assessed 2024
Previous assessed
$2,366,700
+42.7% YoY
Effective rate
1.12%
On assessed value
Assessed land
$787,560
Assessed improvement
$2,590,229
Land market value
$787,560
Improvement market value
$2,590,229
Total market value
$3,377,789
Applied tax rate
146.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
32,400 SF
Lot
4.52 ac (196,891 SF)
APN
45111.0109
UPID
US90-1395587
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
2002
Heating
NONE
Stories
1
Lot
4.52 ac
Current owner
From public records · entity-resolved
North Valley Business Park Phase I
Individual
Mailing address
PO BOX 141449, SPOKANE VALLEY, WA 99214-1449
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
—
North Valley Business Park Phase I
North Valley Business Park Phase I
Quit Claim Deed
related
—
Jan 10, 2012
—
Valley Business Park North Ph
—
Deed Of Trust
related
$1,360,419 · Banner Bank
Sep 19, 2001
$100,000
Valley Business Park-pha North
Sullivan Road Business Park
Grant Deed
—
—
—
Valley Business Park-pha North
—
Deed Of Trust
related
$1,311,100 · 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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