Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2515 Trent Ave Spokane, WA 99202-3850
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2515 Trent Ave Spokane, WA 99202-3850

    View on Map
    • Retail properties & Spaces
    • 13,300 SF
    • 0.21 lot acres
    Off-Market
    Property ID
    US90-1212907
    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.
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spokane Cylinder / General Contractor

    Property Details for 2515 Trent Ave

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    0.21 lot acres
    Property size
    13,300 SF
    Property type
    Retail properties & Spaces
    APN
    35164.1303
    APU
    351641303

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $826,000
      Market price range: $827k - $5.70M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.373
    Latitude
    47.6631
    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
    $1,739
    $40,650
    $136,500
    $177,150
    -
    $40,650
    $136,500
    $177,150

    Comparable in this City

    • Value Estimation by Request
      15,353 SF

      1819 Springfield Ave

      Day care centers • 15,353 SF
      1819 Springfield Ave, Spokane, WA 99202
      View Details
    • Value Estimation by Request
      320 SF

      634 Helena St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 320 SF
      634 Helena St, Spokane, WA 99202
      View Details
    • Value Estimation by Request
      136 SF

      107 Stone St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 136 SF
      107 Stone St, Spokane, WA 99202-3862
      View Details
    • Value Estimation by Request
      380 SF

      633 Madelia St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 380 SF
      633 Madelia St, Spokane, WA 99202-2926
      View Details
    • Value Estimation by Request

      1021 Hamilton St

      Retail properties & Spaces
      1021 Hamilton St, Spokane, WA 99202
      View Details
    • Value Estimation
      $735,000
      10,000 SF

      727 Pacific Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,000 SF
      727 Pacific Ave, Spokane, WA 99202-2229
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,980 SF

      Mixed-Use Building in Perry District

      Two-story building with medical, office, and retail potential.
      907 S Perry St, Spokane, WA 99202
      View Details
    • $219,900
      1,504 SF

      Spokane Commercial Building with Kitchen

      Two-story commercial building with USDA-approved kitchen and recent upgrades.
      318 E Pacific Ave, Spokane, WA 99202
      View Details
    • $199,000

      Division Street Turnkey Restaurant Opportunity

      Turnkey restaurant for sale in prime Division Street location.
      223 N Division St, Spokane, WA 99202
      View Details
    • $1,500,000
      5,061 SF

      Spokane Automotive Property For Sale

      Automotive property with fenced yard in high-traffic Spokane location.
      633 N Madelia St, Spokane, WA 99202
      View Details
    • $2,525,000

      Spokane U-District Showroom and Warehouse

      18,720 SF free-standing building in Spokane's University District.
      222 E Sprague Ave, Spokane, WA 99202
      View Details
    • $585,000
      3,734 SF

      Retail Building / Auto Lot

      Retail building/auto lot for sale on 0.69 acres.
      2101 E Sprague Ave, Spokane, WA 99202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,830 SF

      Retail Space Available For Lease

      Retail property available for lease, offering 4830 square feet.
      130 S Division St, Spokane, WA 99202
      View Details
    • $20 SF/Yr
      4,335 SF

      Grand Blvd Retail Center

      Spokane County Retail Space Available
      1220 Grand Blvd, Spokane, WA 99202
      View Details
    • Contact for pricing
      5,040 SF

      Freya Street Retail Spaces Available

      Spokane retail space, multiple suites, ample parking.
      322 Freya St, Spokane, WA 99202
      View Details
    • Contact for pricing
      2,300 SF

      Prime Spokane Medical/Office Space

      High-traffic location, flexible suites, ample parking.
      225 3Rd Ave, Spokane, WA 99202
      View Details
    • $3,500 /Mo
      910 SF

      Freestanding Building Near Spokane College

      910 SF freestanding building with drive-thru and seating areas.
      1605 N Greene St, Spokane, WA 99202
      View Details
    • Contact for pricing

      South Hill Retail Space Available

      Retail spaces available on South Grand Blvd, Spokane.
      1314 S Grand Blvd, Spokane, WA 99202
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2515 Trent Ave
    Spokane, WA 99202-3850
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!