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For Sale
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Contact for pricing
430 E Sprague Ave, Spokane, WA 99202
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Property summary
AI-generated overview
This exceptional opportunity presents the acquisition of a well-established Spokane, WA limousine service. Located at 430 E Sprague Ave, 99202, this turnkey business boasts a 33-year history of providing premium transportation services. The sale includes a fully licensed, bonded, state-inspected, and comprehensively insured operation. The business prides itself on its commitment to safety, reliability, and professionalism, consistently exceeding client expectations. A meticulously maintained fleet of vehicles and a team of experienced chauffeurs ensure a high level of comfort, style, and punctuality for every client. The business caters to a diverse clientele, handling special occasions, corporate events, and airport transfers. Financial details are available upon request. This is a rare chance to own a profitable and reputable business with a long-standing presence in the Spokane community. The asking price for this thriving enterprise is $2,500,000. This includes the established business, its fleet of vehicles, and all associated assets. Serious inquiries only.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,688 SF
Lot
0.74 ac (32,096 SF)
APN
35202.0306
UPID
US90-0640185
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
-
Car Dealership
-
Car Dealership
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
since 2021
Last sale
$1.3M
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.82M
Value range
$1.63M – $2.00M
±10% around blend
Estimated value / SF
$1,075 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
Income certainty
100
$1.63M
blend $1.82M
$2.00M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,688 SF
Lot area
0.74 ac
Year built
1963
Stories
2
APN
35202.0306
Assessed value
$1,143,550
Annual tax
$11,162
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$11,162
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$380k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.8 mi away · 1,961 SF
20.9 mi away · 1,457 SF
23.6 mi away · 1,782 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.82M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 75 sales
$198
+444%
County 107 sales
$189
+468%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,075/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
7.50%
Selected cap rate for this automotive properties
Derived from the Spokane market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.50%
9.0%
NOI (est.)
$188k *
Last sale · Dec 2021
$1.28M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.50M
Move the market yield to see immediate price impact.
Value / SF
$1,481
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.00%7.50%8.00%
$169k
$2.41M
$2.25M
$2.11M
$188k
$2.68M
$2.50M
$2.34M
$206k
$2.95M
$2.75M
$2.58M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$292k
6.0 mi · Apr 2026 · $191/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,162
Tax year 2023
Assessed value
$1,143,550
Assessed 2024
Previous assessed
$646,150
+77.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$385,150
Assessed improvement
$758,400
Land market value
$385,150
Improvement market value
$758,400
Total market value
$1,143,550
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Sale
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
2
Total area
1,688 SF
Lot
0.74 ac (32,096 SF)
APN
35202.0306
UPID
US90-0640185
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
2
Lot
0.74 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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