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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1905 Msn Ave Spokane, WA 99202-2624
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1076414
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,546 SF
Lot
0.36 ac (15,703 SF)
APN
35093.3010
UPID
US90-1076414
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
-
76 Gas Station
-
Crestline Mart Grocery & Convenience Store
-
Mission Food Mart Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
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
Gs Bains Two LLC · 4 yrs held
Gs Bains Two LLC
since 2021
Last sale
$290,000
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 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
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
$4,888
Tax year 2023
Assessed value
$500,120
Assessed 2024
Previous assessed
$465,820
+7.4% YoY
Effective rate
0.98%
On assessed value
Assessed land
$125,620
Assessed improvement
$374,500
Land market value
$125,620
Improvement market value
$374,500
Total market value
$500,120
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
0
Total area
2,546 SF
Lot
0.36 ac (15,703 SF)
APN
35093.3010
UPID
US90-1076414
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
0
Lot
0.36 ac
Current owner
From public records · entity-resolved
Gs Bains Two LLC
Entity
Mailing address
1301 S HAVANA ST, SPOKANE, WA 99202-5460
Ownership since
2021
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
Aug 2, 2021
—
Gs Bains Two LLC
Singh Bains Gurchant
Intrafamily Transfer
related
—
Nov 6, 2020
—
Gs Bains Two LLC
Gurchait S Bains
Quit Claim Deed
related
—
Dec 16, 2019
—
Bains & Bains Ptshp
—
Deed
related
$400,000 · Mountain W Bk Div/glacier B
Mar 30, 2018
—
Bains & Bains Ptshp
—
Deed
related
$160,000 · Cityservicevalcon LLC
Jun 16, 1998
$290,000
Gurchait S Bains
Jhutty,harinder S
Grant Deed
$169,703 · Farmers & Merchants Bk Rockfor
—
—
Bains & Bains Ptshp
—
Deed Of Trust
related
$400,000 · Mountain W Bk Div/glacier B
—
—
Bains & Bains Ptshp
—
Deed Of Trust
related
$160,000 · Cityservicevalcon LLC
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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