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Property profile & analytics
OFF-MARKET
Parking lots & garages
40228 Newport Hwy Elk, WA 99009-8791
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-3134002
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1999
Total area
3,600 SF
Lot
1.58 ac (68,825 SF)
APN
39113.9077
UPID
US90-3134002
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
Travis W C Lyman · 7 yrs held
Travis W C Lyman
since 2019
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 Elk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk 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
$1,771
Tax year 2023
Assessed value
$223,690
Assessed 2024
Previous assessed
$195,020
+14.7% YoY
Effective rate
0.79%
On assessed value
Assessed land
$24,090
Assessed improvement
$199,600
Land market value
$24,090
Improvement market value
$199,600
Total market value
$223,690
Applied tax rate
3,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
3,600 SF
Lot
1.58 ac (68,825 SF)
APN
39113.9077
UPID
US90-3134002
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
1999
Heating
NONE
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Travis W C Lyman
Individual
Mailing address
40202 N NEWPORT HWY, ELK, WA 99009-8791
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2019
—
Travis W C Lyman
—
Deed
related
$41,000 · Bill & Kathryn Kemp
Mar 20, 2019
—
Travis W C Lyman
Liesche,ryan W
Quit Claim Deed
related
—
Feb 8, 2019
—
Travis W C Lyman
—
Deed
related
$41,000 · Bill & Kathryn Kemp
Feb 26, 2013
$100,000
Ryan W Liesche
Kemp,ronald W & Kathryn S
Warranty Deed
$80,000 · Ronald W & Kathryn S Kemp
Dec 23, 2010
—
Ronald W Kemp
Murray,robert L & Linda L
Grant Deed
—
Nov 7, 2006
$165,000
Ronald W Kemp
Murray,robert L & Linda L
Grant Deed
—
—
—
Travis W C Lyman
—
Deed Of Trust
related
$41,000 · Bill & Kathryn Kemp
—
—
Travis W C Lyman
—
Deed Of Trust
related
$41,000 · Bill & Kathryn Kemp
—
—
Robert L Murray
—
Deed Of Trust
related
$14,263 · Pend Orielle Bank
—
—
Robert L Murray
—
Deed Of Trust
related
$22,000 · Pend Oreille Bank
—
—
Robert L Murray
—
Deed Of Trust
related
$31,707 · Mountain West Bank NA
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.
Try Rey
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