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    Property profile & analytics

    28 Montgomery Ave Spokane, WA 99207-2265

    • Grocery and convenience stores
    • 4,394 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $3,250,000
    Last Sale
    Jan 21, 2020
    $2,400,000
    Location Intelligence
    Property ID
    US90-1307866
    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.

    Current Use by Public Records

    • Maverik Adventure's First Stop / Gas Station / Convenience Store

    Property Details for 28 Montgomery Ave

    Year built
    2017
    Lot size
    0.65 lot acres
    Property size
    4,394 SF
    Property type
    Grocery and convenience stores
    APN
    35083.3415
    APU
    350833415

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,615,000
      6.5%
      $2,615,000
      7%
      $2,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,600,000
      Geo Method
      $2,725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,880,000
      Retail
      $2,660,000
      Mixed-Use
      $2,425,000
      Hospitality
      $2,105,000
      Educational
      $2,610,000
      Residential Income
      $2,845,000
      Energy
      $2,220,000
      Income-Based Land
      $2,665,000
      Food Service
      $2,545,000

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.41
    Latitude
    47.678
    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
    $18,281
    $738,400
    $1,135,200
    $1,873,600
    -
    $738,400
    $1,135,200
    $1,873,600

    Comparable in this City

    • Value Estimation
      $995,000
      1,980 SF

      1918 Hamilton St

      GROCERY, SUPERMARKET • 1,980 SF
      1918 Hamilton St, Spokane, WA 99207-2583
      View Details
    • Value Estimation
      $345,000
      2,460 SF

      924 Empire Ave

      CONVENIENCE STORE • 2,460 SF
      924 Empire Ave, Spokane, WA 99207-3014
      View Details
    • Value Estimation
      $325,000
      6,211 SF

      4617 Nevada St

      CONVENIENCE STORE • 6,211 SF
      4617 Nevada St, Spokane, WA 99207-3242
      View Details
    • Value Estimation by Request
      63,008 SF

      210 En Foothills Dr

      GROCERY, SUPERMARKET • 63,008 SF
      210 En Foothills Dr, Spokane, WA 99207-2155
      View Details
    • Value Estimation
      $460,000
      4,212 SF

      925 Wellesley Ave

      CONVENIENCE STORE • 4,212 SF
      925 Wellesley Ave, Spokane, WA 99207-3268
      View Details
    • Value Estimation
      $485,000
      1,440 SF

      821 Baldwin Ave

      GROCERY, SUPERMARKET • 1,440 SF
      821 Baldwin Ave, Spokane, WA 99207
      View Details

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    Similar Nearby for Lease

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      Retail Space For Rent

      Retail space available for lease in Spokane, WA.
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      View Details
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    28 Montgomery Ave
    Spokane, WA 99207-2265
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    Realmo Value Estimation

    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.

    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.

    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
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