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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
371 5th Ave Spokane, WA 99202-1310
Individually Owned
6-yr Hold
Property ID
US90-3144338
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2022
Total area
3,690 SF
Lot
0.22 ac (9,800 SF)
APN
35202.3230
UPID
US90-3144338
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
Current use
Occupant on record · Public records
-
Heart Attack & Stroke Prevention Center Medical Clinic
-
The Prevention Center for Heart & Brain Health Medical Clinic
-
BaleDoneen Method Medical Group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$471k
Blend (final)
Blend
$700k
Owner & transaction history
Take 5 Dna Ltd · 6 yrs held
Take 5 Dna Ltd
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$925,000
+5.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$880,000
Current use
OFFICE BUILDING
$925,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$730,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
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
$190 / 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
$11,448
Tax year 2023
Assessed value
$1,172,900
Assessed 2024
Previous assessed
$96,500
+1,115.4% YoY
Effective rate
0.98%
On assessed value
Assessed land
$156,800
Assessed improvement
$1,016,100
Land market value
$156,800
Improvement market value
$1,016,100
Total market value
$1,172,900
Applied tax rate
14.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2022
Heating
NONE
Total area
3,690 SF
Lot
0.22 ac (9,800 SF)
APN
35202.3230
UPID
US90-3144338
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
MEDICAL BUILDING Current
Est. value
$880,000
OFFICE BUILDING
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$730,000
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2022
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Take 5 Dna Ltd
Individual
Mailing address
2414 S MANITO BLVD, SPOKANE, WA 99203-2452
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
—
Take 5 Dna LLC
—
Deed
related
$168,000 · Washington Trust Bank
Apr 25, 2022
—
Take 5 Dna LLC
—
Deed
related
$750,000 · Washington Trust Bank
Sep 1, 2021
—
Take 5 Dna LLC
—
Deed
related
$924,000 · Us Bank NA
Dec 10, 2019
$98,500
Take 5 Dna Ltd
Radezky Const & Dev INC
Warranty Deed
—
Jul 23, 2008
$76,692
Lewrad Dev LLC
Knutsen,cynthia
Warranty Deed
$61,692 · Cynthia Knutsen
Mar 4, 2008
$65,653
Cynthia Knutsen
Hogan,joseph P
Trustees Deed
related
—
Aug 13, 2003
$33,000
Toribara INC
Valiquette,ron
Grant Deed
$28,000 · Ron Valiquette
—
—
Toribara & Co INC
—
Deed Of Trust
related
$60,000 · Cynthia Knutsen
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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