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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Hotels
1919 Hutchinson Rd Spokane Valley, WA 99212-2455
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1825138
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1983
Construction
STEEL FRAME
Total area
34,320 SF
Lot
2.3 ac (100,000 SF)
APN
45074.0703
UPID
US90-1825138
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.03M
Owner & transaction history
Sapphire Hospitality Valley LLC · 7 yrs held
Sapphire Hospitality Valley LLC
since 2018
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
Method
Estimation
Statistic approach
by Request
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10%
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
$30 / 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
$35,281
Tax year 2023
Assessed value
$3,463,700
Assessed 2024
Previous assessed
$2,744,300
+26.2% YoY
Effective rate
1.02%
On assessed value
Assessed land
$800,000
Assessed improvement
$2,663,700
Land market value
$800,000
Improvement market value
$2,663,700
Total market value
$3,463,700
Applied tax rate
148.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
91
Total area
34,320 SF
Lot
2.3 ac (100,000 SF)
APN
45074.0703
UPID
US90-1825138
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
1983
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
91
Lot
2.3 ac
Current owner
From public records · entity-resolved
Sapphire Hospitality Valley LLC
Entity
Mailing address
1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
—
Sapphire Hospitality Valley LLC
—
Deed
related
$4,860,000 · Us Metro Bank
Apr 14, 2022
—
Sapphire Hospitality Valley LLC
—
Deed
related
$3,867,600 · Potlatch No 1 FCU
Dec 21, 2018
$3,625,000
Sapphire Hospitality Valley LLC
G6 Hospitality Property LLC
Warranty Deed
$3,175,000 · Centerstone Sba Lending INC
Sep 21, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Deutsche Bk Ag/ny Branch
Aug 21, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Oct 22, 2012
$2,842,514
G6 Hospitality Property LLC
Fourth Berkshire Properties LLC
Bargain And Sale Deed
$105,000,000 · Jpmorgan Chase Bank NA
Mar 6, 2001
$2,890,166
Fourth Berkshire Properties Ll
Glasjar Funding LP
Grant Deed
—
Dec 29, 1997
$2,750,400
Glasjar Funding LP
C 7 INC
Grant Deed
related
$415,000,000 · Chase Manhattan Bank
Oct 8, 1997
$2,636,000
C7 INC
Rjl Properties INC
Grant Deed
—
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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