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Financial
Distress signals
Property profile

222 Sprague Ave Spokane, WA 99202

OFF-MARKET
Manufacturing properties
Property ID
US90-1231497
18,720 SF 0.46 ac lot Built 1925
Last sale May 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The U-District Showroom and Warehouse is a free-standing building in Spokane, Washington, located in the University District near Riverfront Park and the Main Avenue shopping district. The property contains 18,720 square feet and is configured as one spacious retail unit. The building has four overhead doors with clear heights of 10 feet, 10 feet, 11 feet, and 12 feet. Constructed in 1925, it is zoned Downtown Urban (DTU) and is laid out in a manner suitable for retail use or other independent building investment uses consistent with zoning.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$473k
Assessed land$201k
Assessed improvement$272k
Effective rate0.98%

Value estimate

· Oct 2026
$435k
$392k – $479k
Submarket $/SF estimate$1.32M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$180/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$48 – $382

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service8.9
Laundry Service8.6
Locksmith8.4

Location

222 Sprague Ave Spokane, WA 99202
County assessor Recorded deeds · 4 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
218 Crestline, Spokane, WA 99202-3005 $12,780 Sep 2024 3,500 SF
4240 Alki, Spokane, WA 99202-4603 $1,080,000 May 2024 7,820 SF
25 Hogan, Spokane, WA 99202 $2,677,500 Dec 2022 19,624 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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