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Property profile & analytics
OFF-MARKET
Outlet malls
4017 Princeton Ave Spokane, WA 99217-6746
Entity Owned
3-yr Hold
Property ID
US90-0495828
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2018
Total area
330 SF
Lot
0.42 ac (18,511 SF)
APN
35031.0220
UPID
US90-0495828
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
-
Edge Plumbing Plumbing 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
Rcb Properties Nw LLC · 3 yrs held
Rcb Properties Nw LLC
since 2022
Last sale
$39,500
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 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
$6,076
Tax year 2023
Assessed value
$621,890
Assessed 2024
Previous assessed
$524,060
+18.7% YoY
Effective rate
0.98%
On assessed value
Assessed land
$64,790
Assessed improvement
$557,100
Land market value
$64,790
Improvement market value
$557,100
Total market value
$621,890
Applied tax rate
15.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
330 SF
Lot
0.42 ac (18,511 SF)
APN
35031.0220
UPID
US90-0495828
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Rcb Properties Nw LLC
Entity
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2022
—
Rcb Properties Nw LLC
Richard Baker
Quit Claim Deed
related
$33,750 · Kari Owens Etux
Mar 12, 2019
—
Richard Baker
—
Deed
related
$80,901 · Banner Bank
Oct 24, 2017
—
Richard Baker
—
Deed
related
$350,000 · Banner Bank
Aug 26, 2016
$39,500
Richard Baker
Orcutt,james A & Jodie A
Warranty Deed
—
Feb 20, 2001
$150,500
James A Orcutt
Hud
Grant Deed
—
Oct 16, 2000
$15,220
Hud
Leader Mortgage Co
Grant Deed
related
—
Jul 11, 2000
$51,741
Leader Mortgage Co
Collins,george Rg
Trustees Deed
related
—
Mar 26, 1997
$46,000
George R Collins
Johnson,frank S & Ellen S
Grant Deed
$46,333 · North American Mortgage
—
—
George R Collins
—
Deed Of Trust
related
$5,242 · Household Finance Corp III
—
—
James A Orcutt
—
Deed Of Trust
related
$71,840 · Sterling Savings Bank
—
—
George R Collins
—
Deed Of Trust
related
$5,242 · Household Finance Corp III
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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