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Property profile & analytics
OFF-MARKET
Assisted living facilities
401 Eastern Rd, Spokane Valley, WA 99212-0401
Individually Owned
15-yr Hold
Free & Clear
Property ID
US90-0346654
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1913
Total area
2,184 SF
Lot
1.3 ac (56,671 SF)
APN
35242.9078
UPID
US90-0346654
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vincent J Reillo · 15 yrs held
Vincent J Reillo
since 2011
7 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 Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane Valley 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
$6,274
Tax year 2023
Assessed value
$559,850
Assessed 2024
Previous assessed
$498,710
+12.3% YoY
Effective rate
1.12%
On assessed value
Assessed land
$198,350
Assessed improvement
$361,500
Land market value
$198,350
Improvement market value
$361,500
Total market value
$559,850
Applied tax rate
140.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1913
Heating
FORCED AIR
Buildings
4
Stories
1
Bathrooms
1
Total area
2,184 SF
Lot
1.3 ac (56,671 SF)
APN
35242.9078
UPID
US90-0346654
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
1913
Heating
FORCED AIR
Stories
1
Buildings
4
Bathrooms
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Vincent J Reillo
Individual
Free & Clear · 15 yrs held
Mailing address
PO BOX 2167, SPOKANE, WA 99210-2167
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2011
—
Vincent J Reillo
Reillo,karen C
Quit Claim Deed
related
—
Apr 4, 2011
$434,580
Vincent J Reillo
Valley View Investors LLC
Warranty Deed
—
Dec 13, 2007
—
Earl S Thompson
Thompson M C Living Trust
Quit Claim Deed
related
—
Jul 13, 2005
—
Barry Sharon P Trust
Barry,allan R & Sharon R
Quit Claim Deed
related
—
Oct 1, 2004
—
Caroline Hong
Hong,caroline
Quit Claim Deed
related
—
Oct 17, 2002
$90,000
Henrietta E Lewis
Preferred Funding
Grant Deed
$85,000 · Eagle Home Mortgage Co
Sep 25, 2001
$664,877
Preferred Funding
Northwest Senior Care Assn LLC
Trustees Deed
related
—
Aug 21, 1998
$200,000
Northwest Senior Care Asso LLC
Heidis Investments INC
Grant Deed
$220,000 · Trefz Trust
—
—
Northwest Senior Care Assn LLC
—
Deed Of Trust
related
$600,000 · Preferred Funding
—
—
Senior Care Assoc Northwest
—
Deed Of Trust
related
$7,000 · Individual
—
—
Senior Care Assoc Northwest
—
Deed Of Trust
related
$30,000 · Winesap LLC
—
—
Northwest Senior Care Assn LLC
—
Deed Of Trust
related
$23,000 · Tj & S
—
—
Senior Care Asso Northwest
—
Deed Of Trust
related
$150,000 · Preferred Funding
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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