Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,480,000
Office buildings
4102 Regal St Spokane, WA 99223-5083
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0347290
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2007
Total area
85,300 SF
Lot
2.33 ac (101,366 SF)
APN
35334.3618
UPID
US90-0347290
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
-
Damon Clay H DDS Dental Office
-
Spokane Foot Clinic Medical Clinic
-
Spokane Foot Clinic: Swanstrom Katie M DPM Physician
-
Regal Arms Apartments Apartment Building
-
Lab | Kaiser Permanente South Hill Medical Center Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.38M
Blend (final)
Blend
$10.48M
Owner & transaction history
Regal Real Property LLC · 5 yrs held
Regal Real Property LLC
since 2021
Last sale
$8.5M
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
Method
Estimation
Statistic approach
$12,080,000
ML approach
$10,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.48M
Range $9.43M – $11.53M · ±10% · vs last sale $8.50M (Jun 7 2021)
Last sale anchor
$8.50M
Jun 7 2021
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
$123 / 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
$80,857
Tax year 2023
Assessed value
$8,291,330
Assessed 2024
Previous assessed
$8,493,060
-2.4% YoY
Effective rate
0.98%
On assessed value
Assessed land
$810,930
Assessed improvement
$7,480,400
Land market value
$810,930
Improvement market value
$7,480,400
Total market value
$8,291,330
Applied tax rate
10.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2007
Heating
NONE
Stories
2
Total area
85,300 SF
Lot
2.33 ac (101,366 SF)
APN
35334.3618
UPID
US90-0347290
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
2007
Heating
NONE
Stories
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
Regal Real Property LLC
Entity
Mailing address
306 N SPOKANE ST UNIT I, POST FALLS, ID 83854-7016
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2021
$8,495,000
Regal Real Property LLC
Regal II LLC
Warranty Deed
$5,946,500 · First Interstate Bank
Jul 30, 2009
—
Regal II LLC
—
Deed Of Trust
related
$5,200,000 · Banner Bank
Mar 15, 2007
—
Regal II LLC
—
Trustees Deed
related
$5,525,000 · F & M Bank
Mar 12, 2007
—
Regal II LLC
Taymark Investments LLC
Warranty Deed
—
Feb 22, 2007
—
Regal II LLC
Tombari Investments LLC
Warranty Deed
—
Jan 11, 2007
—
Tombari Investments LLC
Tombari,terence M
Quit Claim Deed
related
—
—
—
Regal II LLC
—
Deed Of Trust
related
$148,216 · Banner Bank
—
—
Regal II LLC
—
Deed Of Trust
related
$325,000 · Banner Bank
—
—
Taymark Investments LLC
—
Deed Of Trust
related
$618,268 · F & M Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4102 Regal St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
