Property profile

3420 Sprague Ave Spokane, WA 99202

OFF-MARKET
Turn key restaurants
Property ID
US90-1185892
3,624 SF 0.46 ac lot Built 2004
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Construction STEEL FRAME
Total area 3,624 SF
Lot 0.46 ac (20,193 SF)
APN 35222.0207
UPID US90-1185892

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

3420 Sprague Ave Spokane, WA 99202-4837
Spokane metro Census 14500 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$532k
Blend (final) Blend
$545k

Owner & transaction history

since 2023
Last sale
$580,000
2 recorded transactions
2023
$580,000
2008
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $905,000 +12.9%
Medical building $860,000 +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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