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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Auto shops
18111 Appleway Ave, Spokane Valley, WA 99016-9349
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0265310
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,800 SF
Lot
0.15 ac (6,454 SF)
APN
55184.1521
UPID
US90-0265310
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
-
Greenacres Motors Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Department Of Commerce Cmnty Cap Fa · 1 yrs held
Department Of Commerce Cmnty Cap Fa
since 2025
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
$514 / SF
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
$1,184
Tax year 2023
Assessed value
$111,430
Assessed 2024
Previous assessed
$87,920
+26.7% YoY
Effective rate
1.06%
On assessed value
Assessed land
$51,630
Assessed improvement
$59,800
Land market value
$51,630
Improvement market value
$59,800
Total market value
$111,430
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
1
Total area
1,800 SF
Lot
0.15 ac (6,454 SF)
APN
55184.1521
UPID
US90-0265310
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Department Of Commerce Cmnty Cap Fa
Entity
Mailing address
23033 E BROADWAY AVE, LIBERTY LAKE, WA 99019-7505
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
—
Regal Care Residential LLC
—
Deed
related
$9,677,500 · Diamond Rock Financial LLC
Jun 10, 2025
—
Department Of Commerce Cmnty Cap Fa
Regal Care Residential LLC
Deed
—
May 19, 2025
—
Edith Corson
—
Deed
related
$750,000 · G & R Law Group LLC
Apr 15, 2025
—
Roger Care Residential LLC
Edith Corson
Quitclaim Deed
related
—
Feb 29, 2024
$1,700,000
Edith Corson
Michael M Strong
Warranty Deed
$1,500,000 · Strong Family Revocable Living Trus
Mar 29, 2019
$390,000
Strong Family Living Trust
Masingale Monte L
Warranty Deed
—
Nov 13, 2008
—
Monte Masingale
Puyear,donald R & Elma M
Warranty Deed
—
Oct 27, 2008
—
Montana L Masingale
Masingale,monte L & Rosana D
Quit Claim Deed
related
$408,000 · Numerica Cu
Jul 28, 2004
—
Puyear Family Trust
Puyear,donald R & Elma M
Quit Claim Deed
related
—
Jul 14, 2000
$120,000
Monte Masingale
Puyear,donald R & Elma M
Grant Deed
$115,000 · Seller
Mar 5, 1996
$110,000
Don Puyear
Kivett,robert E
Grant Deed
$60,000 · Custom 1031 INC
—
—
Monte L Masingale
—
Deed Of Trust
related
$60,000 · Gillingham Family Trust
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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