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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Office buildings
2320 Atlantic St, Spokane, WA 99205-4811
Entity Owned
22-yr Hold
Free & Clear
Property ID
US90-1556890
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1914
Total area
8,200 SF
Lot
0.82 ac (35,912 SF)
APN
35071.4903
UPID
US90-1556890
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Clark Pacific Real Estate Co Real Estate Agency
-
The AdjustMeant Chiropractic Alternative Medicine Practice
-
Lincoln Clark Alternative Medicine Practice
-
Be loved by Cass Hair Salon
-
Wileen Rigor Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.93M
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$1.87M
Owner & transaction history
Crislinc Properties LLC · 22 yrs held
Crislinc Properties LLC
since 2004
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+8.4%
Restaurant
$1.8M
+1.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spokane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,085,000
6.5%
$1,925,000
7%
$1,790,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,800,000
Current use
MEDICAL BUILDING
$1,950,000
Change: +8% · Conversion: Easy
RESTAURANT
$1,815,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,620,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,475,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$228 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,180
Tax year 2023
Assessed value
$1,453,080
Assessed 2024
Previous assessed
$1,257,270
+15.6% YoY
Effective rate
0.98%
On assessed value
Assessed land
$251,380
Assessed improvement
$1,201,700
Land market value
$251,380
Improvement market value
$1,201,700
Total market value
$1,453,080
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1914
Heating
NONE
Stories
3
Bathrooms
1
Total area
8,200 SF
Lot
0.82 ac (35,912 SF)
APN
35071.4903
UPID
US90-1556890
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1914
Heating
NONE
Stories
3
Bathrooms
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Crislinc Properties LLC
Entity
Free & Clear · 22 yrs held
Mailing address
2320 N ATLANTIC ST #100, SPOKANE, WA 99205-4811
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2004
—
Crislinc Properties LLC
C 1031 Properties INC
Quit Claim Deed
related
—
Apr 12, 2002
$155,000
C 1031 Properties INC
Greenwood,lester R & Carol
Grant Deed
$375,000 · Firstbank Northwest
—
—
C 1031 Properties INC
—
Deed Of Trust
related
$750,000 · Firstbank Northwest
—
—
Chrisling Properties LLC
—
Deed Of Trust
related
$750,000 · Firstbank Northwest
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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