Realmo Analytics

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Financial
Distress signals
Property profile

1803 W 5Th Ave Spokane, WA 99201

FOR LEASE
Banks
Property ID
US90-0265280
10,100 SF 0.27 ac lot Built 1979
Last sale Nov 2019 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$355k
Assessed land$166k
Assessed improvement$189k
Effective rate0.98%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$245k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 422.51% cap applied$16k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$170/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$95 – $280

Cap rate analysis

How does the asset earn?
422.51%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.5
Building Supply9.9
Carpet & Flooring Store9.8

Location

1803 W 5Th Ave Spokane, WA 99201
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1212 Washington, Spokane, WA 99201-2403 $29,050,000 Feb 2025 7,528 SF
1223 Monroe, Spokane, WA 99201 $300,000 Sep 2024 6,360 SF
110 Post, Spokane, WA 99201-0907 $950,000 Jun 2024 6,880 SF
39 Pacific, Spokane, WA 99201-3647 $600,000 Apr 2024 15,000 SF
819 1st, Spokane, WA 99201-3901 $2,200,000 Aug 2023 15,500 SF
417 2nd, Spokane, WA 99201 $1,100,000 Jul 2023 6,300 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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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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