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Property summary
This exceptional medical office building, located at 323 E 2nd Ave in Spokane, WA, presents a unique investment opportunity. The property boasts a total of 13,557 square feet across two stories, situated on a 0.77-acre lot (APN 35202.1817, Spokane County). The building features multiple tenancies, with three spaces currently available, ranging in size from 146 to 2,227 square feet, offering flexibility for various medical practices. Its convenient location within Spokane's downtown core… provides easy access to Interstate 90, ensuring excellent accessibility for patients and staff. Ample on-site parking is available, along with pylon signage opportunities for enhanced visibility. The building's strategic placement also benefits from its proximity to public transportation, being located on a bus line. Furthermore, its location offers exceptional drive times to major area hospitals: Sacred Heart Hospital (4 minutes), Deaconess Hospital (5 minutes), Spokane Valley Hospital (15 minutes), and Holy Family Hospital (14 minutes). This property represents a compelling opportunity to acquire a well-situated medical office building in a thriving Spokane market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 13,551 SF
- Lot area
- 0.77 ac
- Year built
- 1994
- Stories
- 2
- APN
- 35202.1817
- Assessed value · 2024
- $1,706,280
- Annual tax · 2023
- $16,649
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $16,649
- Selected cap rate
- Financial Building · current use
- Commercial (general)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
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