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Property profile & analytics
OFF-MARKET
Warehouses
3718 Queen Ave Spokane, WA 99217-6656
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-3234429
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
2,400 SF
Lot
0.8 ac (34,787 SF)
APN
36344.1433
UPID
US90-3234429
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
-
Arc Security Integration Inc Security Service
-
Adirondack Chairs Spokane Furniture & Home Goods Hardware & Home Improvement
-
Elite Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3718 E Queen LLC · 3 yrs held
3718 E Queen LLC
since 2022
Last sale
$416,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,479
Tax year 2023
Assessed value
$458,150
Assessed 2024
Previous assessed
$401,650
+14.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$130,450
Assessed improvement
$327,700
Land market value
$130,450
Improvement market value
$327,700
Total market value
$458,150
Applied tax rate
16.0000
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
2006
Heating
NONE
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
2,400 SF
Lot
0.8 ac (34,787 SF)
APN
36344.1433
UPID
US90-3234429
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
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
3718 E Queen LLC
Entity
Mailing address
2705 E CLOVER PARK AVE, MEAD, WA 99021-6018
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
$416,000
3718 E Queen LLC
Arc Security Integration LLC
Warranty Deed
$390,000 · Washington Trust Bank
Dec 28, 2021
$400,000
Arc Security Integration INC
Marvin Warren Seal
Warranty Deed
$200,000 · Us Bank NA
Apr 15, 2014
$260,000
Marvin W Seal
Washington Trust Bk
Grant Deed
—
Jan 8, 2014
—
Washington Trust Bk
Inland Foreclosure
Trustees Deed
related
—
Sep 21, 2007
$250,000
Elite Properties & Leasing LLC
B & G Wyman Ents LLC
Warranty Deed
$247,500 · Washington Trust Bank
Nov 8, 2005
$65,000
B & G Wyman Ents LLC
Havens Media E Trust
Warranty Deed
—
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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