The property consists of two buildings totaling 20,695 square feet of net rentable space, including an 18,160-square-foot main building and a 2,535-square-foot aesthetic spa building, situated on a 1.34-acre site in the University District. The premises are configured to support professional medical and wellness-related uses, reflecting the presence of an established dermatology practice and an aesthetics-focused facility within the two-building layout.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$34k

Tax billed · 2023

Assessed value · 2024$3.45M

Assessed land$514k

Assessed improvement$2.94M

Effective rate0.98%

Value estimate

· Nov 2026

$3.45M

$3.11M – $3.80M

Submarket $/SF estimate$2.65M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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: Kitchen & Bath

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Kitchen & Bath12.7

Plumbing Service10.1

Smoke and Vape Shop9.5

324 Sherman St Spokane, WA 99202-1461

County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 14 properties nearby

Address Sale price Sold Size

520 Cowley, Spokane, WA 99202-1315 $2,250,000 Dec 2025 11,670 SF

501 Riverpoint, Spokane, WA 99202-1659 $12,200,000 Jan 2025 72,436 SF

3724 Frnt, Spokane, WA 99202-4705 $670,000 Aug 2023 6,200 SF

1803 Springfield, Spokane, WA 99202-2954 $1,500,000 Jan 2023 5,933 SF

3327 Olive, Spokane, WA 99202-4617 $6,000,000 Dec 2020 8,800 SF

502 5th, Spokane, WA 99202-1313 $745,000 Oct 2019 7,395 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

Value Estimation
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Value Estimation
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Value Estimation
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850 Spokane Fls Blvd

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850 Spokane Fls Blvd, Spokane, WA 99202-2167

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Value Estimation
$8,255,000

68,800 SF

601 Sherman St

PROFESSIONAL BUILDING

601 Sherman St, Spokane, WA 99202-1311

View Details
Value Estimation
$820,000

5,870 SF

1202 Sprague Ave

OFFICE BUILDING

1202 Sprague Ave, Spokane, WA 99202-2111

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324 Sherman St Spokane, WA 99202

Property summary