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Property profile & analytics
OFF-MARKET
Retail space
2606 Monroe St, Spokane, WA 99205-3353
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-3275527
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
STEEL FRAME
Total area
3,032 SF
Lot
0.28 ac (12,000 SF)
APN
35072.4008
UPID
US90-3275527
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
-
Rosenda Portable Toilet Rental Building Supply
-
Karma Indian Cuisine and Lounge North Spokane Restaurant
-
Rosenda Porta Potty Rental Spokane Building Supply
-
Pat Kenney Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Deepika Dhawan · 5 yrs held
Deepika Dhawan
since 2021
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,039
Tax year 2023
Assessed value
$413,000
Assessed 2024
Previous assessed
$328,100
+25.9% YoY
Effective rate
0.98%
On assessed value
Assessed land
$120,000
Assessed improvement
$293,000
Land market value
$120,000
Improvement market value
$293,000
Total market value
$413,000
Applied tax rate
12.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Total area
3,032 SF
Lot
0.28 ac (12,000 SF)
APN
35072.4008
UPID
US90-3275527
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
Building & site characteristics
From public records
Year built
1955
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Deepika Dhawan
Individual
Mailing address
21366 E CHIMNEY LN, LIBERTY LAKE, WA 99019-6049
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
—
Deepika Dhawan
—
Deed
related
$500,000 · First Interstate Bank
Aug 29, 2022
—
Deepika Dhawan
—
Deed
related
$500,000 · First Interstate Bank
Apr 1, 2021
$450,000
Deepika Dhawan
Sukhdev Khakh
Warranty Deed
$400,000 · The Sukhdev Khakh And Kamaljit Khak
Feb 6, 2020
$325,000
Khakh,sukhdev & Kamaljit Trust
2606 N Monroe St LLC
Warranty Deed
$150,000 · 2606 N Monroe St LLC
Mar 31, 2014
$247,000
2606 N Monroe St LLC
International Flair LLC
Warranty Deed
$247,000 · International Flair LLC
Jul 17, 2007
$256,100
International Flair LLC
Brazington,jack S & Linda L
Warranty Deed
$225,000 · Jack S & Linda L Brazington
Jun 22, 2005
—
Jack S Brazington
J & P Assocs INC
Quit Claim Deed
related
—
Jul 24, 2002
$269,360
J & P Associates INC
Brazington,jack S & Linda L
Grant Deed
$319,360 · Jack S & Linda L Brazington
—
—
International Flair LLC
—
Deed Of Trust
related
$100,000 · James J Kuntz
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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