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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Auto shops
1815 Trent Ave, Spokane, WA 99202-2944
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0035959
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1930
Construction
STEEL FRAME
Total area
3,300 SF
Lot
0.18 ac (7,941 SF)
APN
35163.1203
UPID
US90-0035959
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
-
Johnston Engineering PLLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Iso Investment LLC · 3 yrs held
Iso Investment LLC
since 2022
Last sale
$850,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$825,000
+26.6%
Medical building
$785,000
+20.4%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane 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
Method
Estimation
Statistic approach
$770,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$650,000
Current use
OFFICE BUILDING
$825,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$535,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $850k (Aug 11 2022)
Last sale anchor
$850k
Aug 11 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$241 / 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
$1,178
Tax year 2023
Assessed value
$119,550
Assessed 2024
Previous assessed
$109,610
+9.1% YoY
Effective rate
0.99%
On assessed value
Assessed land
$47,650
Assessed improvement
$71,900
Land market value
$47,650
Improvement market value
$71,900
Total market value
$119,550
Applied tax rate
10.0000
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
1930
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
0
Total area
3,300 SF
Lot
0.18 ac (7,941 SF)
APN
35163.1203
UPID
US90-0035959
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$650,000
OFFICE BUILDING
Est. value
$825,000
MEDICAL BUILDING
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$535,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1930
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
0
Lot
0.18 ac
Current owner
From public records · entity-resolved
Iso Investment LLC
Entity
Mailing address
5516 S BUELL LN, SPOKANE, WA 99224-6927
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2022
$850,000
Iso Investment LLC
Scott Hensrude
Warranty Deed
$637,500 · Washington Trust Bank
Sep 14, 2012
$400,000
Gary Larson
Hensrude,scott & Christy
Grant Deed
—
Jun 13, 2008
$245,000
Gary D Larson
Burke,joan M
Warranty Deed
—
Feb 13, 2001
$12,000
Gary D Larson
Burke,joan M
Grant Deed
$205,000 · Seller
—
—
Gary D Larson
—
Deed Of Trust
related
$220,126 · Washington Trust Bank
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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