New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Office buildings
4501 Trent Ave, Spokane, WA 99212-1340
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0266984
Property summary
AI-generated overview
This 11,100-square-foot industrial warehouse, located at 4501 E Trent Ave in Spokane, Washington, presents a significant opportunity. Built in 1979, the property is zoned LI (Light Industrial) and sits within Spokane County, zip code 99212. The entire space is currently vacant, offering immediate occupancy for a single tenant. The building boasts a functional layout, including 1,800 square feet of office space and 9,300 square feet of warehouse space. High ceilings provide ample storage and operational flexibility, with a 20-foot clear height and a clear span steel framed structure. Loading and unloading are facilitated by six overhead doors: four measuring 16 x 18 feet and two measuring 12 x 12 feet. The property also features a fenced yard, enhancing security and providing additional outdoor space. Power is supplied by a robust 2400-amp, 480/277v, three-phase system. A 3-ton crane is also included, adding to the property's versatility and potential for various industrial applications. This property is perfect for businesses seeking a well-equipped, spacious warehouse in a convenient Spokane location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
1,800 SF
Lot
1.22 ac (53,222 SF)
APN
35113.1318
UPID
US90-0266984
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
-
Exactrix Global Systems LLC Agricultural Service
-
Michael Reed Pallets Freight Service Logistics Company
-
Beacon Builders General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
4501 Investments LLC · 3 yrs held
4501 Investments LLC
since 2023
Last sale
$1.4M
3 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
$1,315,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.40M (May 15 2023)
Last sale anchor
$1.40M
May 15 2023
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
$758 / 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
$6,572
Tax year 2023
Assessed value
$672,770
Assessed 2024
Previous assessed
$610,070
+10.3% YoY
Effective rate
0.98%
On assessed value
Assessed land
$159,670
Assessed improvement
$513,100
Land market value
$159,670
Improvement market value
$513,100
Total market value
$672,770
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
OFFICE BUILDING
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
2
Stories
1
Total area
1,800 SF
Lot
1.22 ac (53,222 SF)
APN
35113.1318
UPID
US90-0266984
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
1979
Heating
NONE
Stories
1
Buildings
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
4501 Investments LLC
Entity
Mailing address
PO BOX 172, VALLEYFORD, WA 99036-0172
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
—
4501 Investments LLC
—
Deed
related
$415,000 · First Interstate Bank
May 15, 2023
$1,400,000
4501 Investments LLC
Zeus Batcave
Warranty Deed
$1,120,000 · First Interstate Bank
Oct 5, 2020
—
Batcave Il LLC
Zeus Investments LLC
Quit Claim Deed
related
$780,000 · Numerica Cu
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 4501 Trent Ave?
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.
