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Financial
Distress signals
Property profile

213 E Ermina Ave Spokane, WA 99207

FOR SALE
Warehouses
Property ID
US90-0104483
11,500 SF 0.54 ac lot Built 2004
Last sale Jun 2019 · $985,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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213 E Ermina Ave, Spokane, WA 99207 For Sale
Contact for pricing 11,500 SF
213 E Ermina Ave, Spokane, WA 99207
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$1.24M
Assessed land$164k
Assessed improvement$1.08M
Effective rate0.98%

Value estimate

· Oct 2026
$1.23M
$1.11M – $1.35M
CAP approach$1.16M
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$187k
Vacancy & credit loss−$16k
Operating expenses−$51k
NOI · 7.48% cap applied$120k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 143 recorded sales of this use type
Observed band · Q1–Q3$77 – $179

Cap rate analysis

How does the asset earn?
7.48%
$120k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.4
Electrical Service10.2
Tailor Shop9.9

Location

213 E Ermina Ave Spokane, WA 99207
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3502 Market, Spokane, WA 99207-5765 $287,000 Jan 2022 7,226 SF
314 Jackson, Spokane, WA 99207-2132 $800,000 Sep 2021 12,115 SF
2824 Garland, Spokane, WA 99207-5810 $530,000 Feb 2021 7,200 SF
3221 Market, Spokane, WA 99207 $600,000 Aug 2020 9,268 SF
423 Cleveland, Spokane, WA 99207-2008 $680,000 Jan 2020 9,381 SF
203 Augusta, Spokane, WA 99207-2410 $1,777,000 Oct 2019 11,935 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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