New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
17416 Sprague Ave, Spokane Valley, WA 99016-9300
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3356680
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1927
Construction
STEEL FRAME
Total area
1,288 SF
Lot
0.15 ac (6,393 SF)
APN
55192.9030
UPID
US90-3356680
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
-
The Stupid Cow Cafe Restaurant
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
26th & Progress LLC · 1 yrs held
26th & Progress LLC
since 2024
Last sale
$485,000
7 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
$1,952
Tax year 2023
Assessed value
$192,970
Assessed 2024
Previous assessed
$182,870
+5.5% YoY
Effective rate
1.01%
On assessed value
Assessed land
$25,570
Assessed improvement
$167,400
Land market value
$25,570
Improvement market value
$167,400
Total market value
$192,970
Applied tax rate
144.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1927
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
0
Total area
1,288 SF
Lot
0.15 ac (6,393 SF)
APN
55192.9030
UPID
US90-3356680
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
1927
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
0
Lot
0.15 ac
Current owner
From public records · entity-resolved
26th & Progress LLC
Entity
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
$485,000
26th & Progress LLC
Rads LLC
Warranty Deed
$567,000 · Riverbank
Dec 29, 2023
$185,000
Rads LLC
Johnson & Johnson Enterprises LLC
Warranty Deed
—
Dec 12, 2012
$131,192
Johnson & Johnson Ents LLC
Ford Stephen H
Trustees Deed
related
—
Mar 12, 2010
$150,000
Adam Ristick
Johnson & Johnson Ents LLC
Warranty Deed
$130,000 · Johnson & Johnson Ents LLC
Mar 8, 2006
—
Johnson & Johnson Ents LLC
Johnson,paul J & Jennifer J
Quit Claim Deed
related
—
Jul 31, 2003
$155,000
Paul J Johnson
Jochim,stanley J & Karina M
Grant Deed
$125,455 · American West Bank
—
—
Johnson & Johnson Ents LLC
—
Deed Of Trust
related
$210,000 · Riverbank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17416 Sprague Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
