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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
27 Augusta Ave Spokane, WA 99207-2404
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1625388
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,304 SF
Lot
0.16 ac (7,100 SF)
APN
35083.2011
UPID
US90-1625388
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
-
Your Travel Center Travel Agency
-
Pet Urgent Care of Spokane Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$715k
Owner & transaction history
Pet Emergency Clinic Ps · 4 yrs held
Pet Emergency Clinic Ps
since 2022
Last sale
$750,000
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
Method
Estimation
Statistic approach
$680,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$575,000
Current use
MEDICAL BUILDING
$550,000
Change: -5% · Conversion: Easy
RETAIL STORES
$545,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $750k (Mar 31 2022)
Last sale anchor
$750k
Mar 31 2022
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
$310 / 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
$6,476
Tax year 2023
Assessed value
$663,000
Assessed 2024
Previous assessed
$594,500
+11.5% YoY
Effective rate
0.98%
On assessed value
Assessed land
$184,600
Assessed improvement
$478,400
Land market value
$184,600
Improvement market value
$478,400
Total market value
$663,000
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
2
Total area
2,304 SF
Lot
0.16 ac (7,100 SF)
APN
35083.2011
UPID
US90-1625388
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
$575,000
MEDICAL BUILDING
Est. value
$550,000
RETAIL STORES
Est. value
$545,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Pet Emergency Clinic Ps
Individual
Mailing address
21 E MSN AVE, SPOKANE, WA 99202-1814
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$750,000
Pet Emergency Clinic Ps
Hugh P Himmelreich
Warranty Deed
$400,000 · Hugh P Himmelreich Etal
Mar 30, 2001
$390,000
Hugh P Himmelreich
Byrd,gregory J
Grant Deed
$215,000 · Inland Northwest Bank
Jan 3, 1996
$28,205
Gregory J Byrd
Thompson,peter R & Mary J
Quit Claim Deed
related
—
Jun 28, 1995
$5,000
John V Gallucci
Garritty,james & Rebecca
Quit Claim Deed
related
—
—
—
Hugh P Himmlreich
—
Deed Of Trust
related
$179,000 · Northwest Business Development
—
—
Himmelreich,hugh P
—
Loan Modification
related
$156,000 · American West Bk
—
—
Hugh P Himmelreich
—
Deed Of Trust
related
$446,250 · Inland Northwest Bank
—
—
Hugh P Himmelreich
—
Deed Of Trust
related
$300,000 · Inland Northwest Bank
—
—
Hugh P Himmelreich
—
Deed Of Trust
related
$75,000 · American West Bank
—
—
Hugh P Himmelreich
—
Deed Of Trust
related
$409,500 · American West Bank
—
—
Hugh P Himmer
—
Deed Of Trust
related
$44,200 · Us Small Business Admn
—
—
Hugh P Hummerlreich
—
Deed Of Trust
related
$44,200 · Us Small Business Admn
—
—
Hugh P Himmeireich
—
Deed Of Trust
related
$204,793 · 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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