Financial
Distress signals
Property profile

315 W 9Th Ave Spokane, WA 99204

FOR LEASE
Office buildings
Property ID
US90-0268868
4,212 SF 0.47 ac lot Built 1971
Last sale May 2022 · $2,785,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
315 W 9Th Ave, Spokane, WA 99204 For Lease
Contact for pricing 1,170 SF available
315 W 9Th Ave, Spokane, WA 99204
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Property summary

AI-generated overview

This office space is located between Providence and Multi-Care Hospitals and is served by ample on-site parking. The space consists of 1,170 square feet and is finished with durable, upgraded systems and fixtures throughout. The property is zoned OR-150 (Office/Retail - 150').

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$1.67M
Assessed land$449k
Assessed improvement$1.22M
Effective rate0.98%

Value estimate

· Sep 2026
$2.53M
$2.28M – $2.78M
AI approach$2.51M
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 34,685.71% cap applied$12k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$250/SF
Submarket average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$145 – $372
Qualifying comparables3

Cap rate analysis

How does the asset earn?
34,685.71%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.2
Watch Repair Shop8.8
Pet Grooming Service8.7

Location

315 W 9Th Ave Spokane, WA 99204
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 Clf, Spokane, WA 99204-3614 $5,850,000 Jul 2024 128,489 SF
1717 6th, Spokane, WA 99204-3582 $1,300,000 Feb 2023 5,138 SF
804 Monroe, Spokane, WA 99204-3032 $1,065,000 Feb 2022 2,000 SF
524 6th, Spokane, WA 99204-2706 $695,000 May 2021 1,888 SF
501 Bernard, Spokane, WA 99204-2511 $2,705,000 Mar 2021 18,288 SF
705 7th Ave Ste 1a, Spokane, WA 99204-2847 $1,300,000 Nov 2019 1,216 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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