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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Warehouses
3311 Fry Ave Spokane, WA 99202-4633
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-1405269
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
5,000 SF
Lot
0.37 ac (16,200 SF)
APN
35153.1410
UPID
US90-1405269
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$665k
Owner & transaction history
70 30 Ml Tl LLC · 1 yrs held
70 30 Ml Tl LLC
since 2024
Last sale
$796,300
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+66.3%
Auto repair, garage
$990,000
+48.3%
Industrial (general)
$900,000
+35.0%
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
Method
Estimation
Statistic approach
$680,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$665,000
Current use
RESTAURANT
$1,110,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$990,000
Change: +48% · Conversion: Easy
INDUSTRIAL (GENERAL)
$900,000
Change: +35% · Conversion: Easy
COMMERCIAL (GENERAL)
$805,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $796k (Aug 27 2024)
Last sale anchor
$796k
Aug 27 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$133 / SF
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
$2,732
Tax year 2023
Assessed value
$279,000
Assessed 2024
Previous assessed
$246,000
+13.4% YoY
Effective rate
0.98%
On assessed value
Assessed land
$64,800
Assessed improvement
$214,200
Land market value
$64,800
Improvement market value
$214,200
Total market value
$279,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
0.37 ac (16,200 SF)
APN
35153.1410
UPID
US90-1405269
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$665,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$990,000
INDUSTRIAL (GENERAL)
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$805,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
70 30 Ml Tl LLC
Entity
Free & Clear · 1 yrs held
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$796,300
70 30 Ml Tl LLC
Mpv Investments LLC
Warranty Deed
—
Jul 5, 2022
$750,000
Mpv Investments LLC
Sterling A Haskins
Warranty Deed
$750,000 · Sterling Haskins
Oct 17, 2014
—
Sterling A Haskins
Haskins,sterling A
Quit Claim Deed
related
—
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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