Financial
Distress signals
Property profile

2515 Sprague Ave Spokane, WA 99202

OFF-MARKET
Retail space
Property ID
US90-1857636
2,618 SF 0.28 ac lot Built 1929
Last sale Jul 2008 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,315 square foot storefront property at 2515 E Sprague Ave in Spokane, Washington, presents a compelling investment opportunity. Built in 1929, the building sits on approximately 12,000 square feet of land and is zoned CC1-EC, offering versatility for a range of retail uses. The property boasts ample onsite parking, a significant advantage in a high-traffic area. Located on E Sprague Avenue, it benefits from a substantial daily traffic count of 15,200 vehicles, ensuring

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$2k
Tax billed · 2023
Assessed value · 2024$211k
Assessed land$84k
Assessed improvement$127k
Effective rate0.98%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$74 – $293

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.3
Law Firm15.1
Dental Office13.8

Location

2515 Sprague Ave Spokane, WA 99202-3936
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
302 Pacific, Spokane, WA 99202-1433 $285,000 Sep 2024 1,728 SF
1504 Sprague, Spokane, WA 99202-3113 $340,000 Jun 2024 3,060 SF
327 Pacific, Spokane, WA 99202-1432 $600,000 Feb 2024 4,466 SF
1407 Sprague, Spokane, WA 99202-3110 $295,000 Aug 2023 3,400 SF
501 Thor, Spokane, WA 99202-5166 $165,719 May 2023 2,100 SF
1810 Sprague, Spokane, WA 99202-3119 $145,000 Mar 2023 2,936 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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