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    Property profile & analytics

    2108 Wellesley Ave Spokane, WA 99207-4270

    • Drive through restaurants
    • 1,259 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US90-1658061
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant

    Property Details for 2108 Wellesley Ave

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    1,259 SF
    Property type
    Drive through restaurants
    APN
    35041.0407
    APU
    350410407

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $390,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $350,000
      Mixed-Use
      $385,000
      Hospitality
      $465,000
      Educational
      $455,000
      Residential Income
      $445,000
      Energy
      $485,000
      Income-Based Land
      $480,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.379
    Latitude
    47.7003
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,345
    $66,370
    $172,900
    $239,270
    -
    $66,370
    $172,900
    $239,270

    Comparable in this City

    • Value Estimation by Request
      4,275 SF

      3416 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,275 SF
      3416 Market St, Spokane, WA 99207-5762
      View Details
    • Value Estimation
      $1,965,000
      2,324 SF

      1730 Division St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,324 SF
      1730 Division St, Spokane, WA 99207-2309
      View Details
    • Value Estimation
      $355,000
      336 SF

      3023 Fairview Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 336 SF
      3023 Fairview Ave, Spokane, WA 99207-5649
      View Details
    • Value Estimation
      $395,000
      2,640 SF

      3212 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,640 SF
      3212 Market St, Spokane, WA 99207-5760
      View Details
    • Value Estimation by Request
      2,857 SF

      2732 Division St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,857 SF
      2732 Division St, Spokane, WA 99207-2009
      View Details
    • Value Estimation by Request
      3,835 SF

      4436 Division St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,835 SF
      4436 Division St, Spokane, WA 99207-1503
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
      4,966 SF

      North Spokane Retail with Drive-Thru

      2,995 SF drive-thru space in busy shopping center.
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      Prime Spokane retail space, multiple units available.
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    • Contact for pricing
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    • $12 SF/Yr
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      Prime Spokane County retail opportunity.
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      Retail Space on Division Street

      Retail space with on-site parking and pylon signage.
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    • $2,475 /Mo
      2,000 SF

      Remodeled Retail Space Available

      2,000 SF retail space with parking and high traffic.
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      View Details
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    Spokane, WA 99207-4270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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