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Property profile & analytics
OFF-MARKET
Banks
3009 Mt Vernon St Spokane, WA 99223-4777
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0468393
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1977
Total area
4,142 SF
Lot
0.31 ac (13,670 SF)
APN
35331.0220
UPID
US90-0468393
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
-
American Family Insurance - Daniel Oehl Insurance Agency
-
Operation Healthy Family Association Or Organization
-
Hone Family Dental Dental Office
-
Key Academic & Life Coaching Training Center Tutoring Service
-
Hands On Trade Association Association Or Organization
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
Paul M Kelley · 20 yrs held
Paul M Kelley
since 2005
6 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
$8,485
Tax year 2023
Assessed value
$869,000
Assessed 2024
Previous assessed
$800,300
+8.6% YoY
Effective rate
0.98%
On assessed value
Assessed land
$136,700
Assessed improvement
$732,300
Land market value
$136,700
Improvement market value
$732,300
Total market value
$869,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Stories
2
Bathrooms
3
Total area
4,142 SF
Lot
0.31 ac (13,670 SF)
APN
35331.0220
UPID
US90-0468393
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
1977
Heating
NONE
Stories
2
Bathrooms
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
Paul M Kelley
Individual
Mailing address
235 JONES RD, LOS GATOS, CA 95030-7016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2005
$831,000
Paul M Kelley
Avery,anson T
Warranty Deed
$623,250 · Global FCU
Mar 28, 1996
$675,000
Anson T Avery
Senske,michael L & Pamela S
Grant Deed
$526,400 · Us Bank Of Washington
—
—
Anson T Avery
—
Deed Of Trust
related
$913,416 · American West Bank
—
—
Anson R Avery
—
Deed Of Trust
related
$50,689 · American West Bank
—
—
Anson T Avery
—
Deed Of Trust
related
$20,000 · Us Bank Of Washington
—
—
Anson T Avery
—
Deed Of Trust
related
$20,000 · Us Bank Of Washington
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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