Financial
Distress signals
Property profile

4212 W Sunset Blvd Spokane, WA 99224

FOR SALE
Other commercial real estate
Property ID
US90-3297268
15,131 SF 1.86 ac lot Built 1962
Last sale Jun 2006 · $2,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Sunset West Flex Center at 4212 W. Sunset Blvd., Spokane, WA 99224 is a mixed-use flex, office, and production facility on a 2.93-acre parcel with approximately 19,925 square feet of main-floor space. The building’s interior layout includes private offices, conference rooms, open bullpen areas, and outdoor courtyard areas. The masonry structure underwent renovations in 2008, 2015, and 2020, and it is equipped with roof-mounted HVAC units, 3-phase electrical power, and a fire sprinkler system.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2024$1.91M
Assessed land$324k
Assessed improvement$1.58M
Effective rate0.98%

Value estimate

· Sep 2026
$755k
$680k – $831k
CAP approach$2.78M
Submarket $/SF estimate$2.41M
NOI build-up
Gross scheduled income$177k
Vacancy & credit loss−$11k
Operating expenses−$50k
NOI · 4.22% cap applied$116k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$161/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$105 – $234

Cap rate analysis

How does the asset earn?
4.22%
$116k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.5
Dental Office16.0
Realty agency16.0

Location

4212 W Sunset Blvd Spokane, WA 99224
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1520 Rustle, Spokane, WA 99224-2022 $7,839,000 Oct 2023 26,529 SF
Spokane, WA 99224 $375,000 Mar 2022 No data
1606 Assembly, Spokane, WA 99224-2102 $375,000 Mar 2022 2,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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