Property profile

20 Simpson Pkwy Cheney, WA 99004

OFF-MARKET
Retail space
Property ID
US90-0110456
5,576 SF 0.82 ac lot Built 1999
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 5,576 SF
Lot 0.82 ac (35,603 SF)
APN 13121.0042
UPID US90-0110456

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20 Simpson Pkwy Cheney, WA 99004-2031
Cheney metro Census 14002 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$945k
Comparable Approach Comparable
$714k
Blend (final) Blend
$955k

Owner & transaction history

since 2016
6 recorded transactions
2016
$875,000
2013
$400,000
2006
$421,000
2006
Price N/A
1999
$201,994
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.3M +27.5%
Medical building $1.2M +15.4%
Restaurant $1.2M +14.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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