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Property profile & analytics
OFF-MARKET
Estimated value
$5,445,000
Distribution centers
19307 Cataldo Ave Spokane Valley, WA 99016-9489
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0646893
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1979
Total area
48,300 SF
Lot
16.74 ac (729,300 SF)
APN
55172.0217
UPID
US90-0646893
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
-
pace High School
-
Emily Schreiner Physician
-
Katherine Junay Lopez Physician
-
Jacquelyn Robinson Physician
-
Conn Wittwer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.31M
CAP Approach
CAP
$4.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.45M
Owner & transaction history
Cataldo Valley LLC · 4 yrs held
Cataldo Valley LLC
since 2021
Last sale
$6.2M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.7M
+33.4%
Commercial (general)
$7.3M
+27.9%
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
$4,755,000
ML approach
$5,305,000
CAP Approach
CAP Return
Estimation
6%
$5,260,000
6.5%
$4,855,000
7%
$4,505,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,735,000
Current use
RETAIL STORES
$7,655,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,335,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$5.45M
Range $4.90M – $5.99M · ±10% · vs last sale $6.15M (Aug 31 2021)
Last sale anchor
$6.15M
Aug 31 2021
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
$113 / 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
$70,239
Tax year 2023
Assessed value
$6,286,850
Assessed 2024
Previous assessed
$6,545,750
-4.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,823,250
Assessed improvement
$4,463,600
Land market value
$1,823,250
Improvement market value
$4,463,600
Total market value
$6,286,850
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
48,300 SF
Lot
16.74 ac (729,300 SF)
APN
55172.0217
UPID
US90-0646893
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
WAREHOUSE, STORAGE Current
Est. value
$5.7M
RETAIL STORES
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$7.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1979
Heating
NONE
Stories
1
Buildings
2
Bathrooms
3
Lot
16.74 ac
Current owner
From public records · entity-resolved
Cataldo Valley LLC
Entity
Mailing address
108 N WASHINGTON ST STE #600, SPOKANE, WA 99201-5038
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2023
—
Cataldo Valley LLC
—
Deed
related
$6,500,000 · Numerica Cu
Aug 31, 2021
$6,150,000
Cataldo Valley LLC
Central Valley School District No 3
Warranty Deed
$2,170,000 · Riverbank
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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