225 3Rd Ave Spokane, WA 99202
Property profile & analytics
225 3Rd Ave Spokane, WA 99202
- Banks
- 6,999 SF
- 0.33 lot acres
Property ID
US90-1374387
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.
Location Intelligence
Current Use by Public Records
- Empower Clinics Washington / Medical Clinic
- West&Co. / Property Management Company
- Advanced Foot & Ankle Center DPM / Physician
- Two Maids / Hardware & Home Improvement
- A Home of Happy Feet / Medical Clinic
Property Details for 225 3Rd Ave
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.33 lot acres
- Property size
- 6,999 SF
- Property type
- Banks
- APN
- 35202.2413
- APU
- 352022413
Description
This exceptional Spokane, WA property at 225 E 3rd Ave, 99202 offers 2,300 square feet of combined medical and traditional office space, currently divided into Suites #4 and #5, each approximately 1,150 square feet. The space is available for lease as a whole or potentially divisible. Located in a high-traffic area with an average daily traffic count of approximately 6,704 vehicles on 3rd Avenue, this property benefits from excellent visibility and accessibility. On-site parking is provided for tenants and clients. The property also offers the opportunity for pylon signage, enhancing visibility and brand recognition. Current tenants include Washington State University Real Estate & Business Opportunities (Suites #1 & #2), West & Company Realty LLC (Suite #3), and Two Maids & A Mop (Suite #6). The net-net-net (NNN) expense is $3.50 per square foot. This versatile space is ideal for a variety of medical or office uses and presents a unique opportunity in a thriving Spokane location. Contact for rental rate information.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $975,000
- ML approach
- $970,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,278,000
Market price range: $667k - $1.96M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $1,190,000 Current use
- OFFICE BUILDING
- $1,750,000 Change: +47% Conversion: Difficult
- MEDICAL BUILDING
- $1,665,000 Change: +40% Conversion: Difficult
- RESTAURANT
- $1,550,000 Change: +30% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,385,000 Change: +16% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,260,000 Change: +6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,130,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.407
- Latitude
- 47.6539
- 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
$9,482
$198,800
$772,400
$971,200
-
$198,800
$772,400
$971,200
