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Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Outlet malls
4515 Regal St Spokane, WA 99223-7938
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3087013
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1995
Total area
99,168 SF
Lot
13.07 ac (569,431 SF)
APN
34032.9138
UPID
US90-3087013
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
-
EntertainMART (Bike/Boat/Book/etc) Store
-
higi Physician
-
Melissa Day Pharmacy
-
Dr. Trent Anderson Physician
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.70M
Blend (final)
Blend
$10.00M
Owner & transaction history
Home Depot U S A INC · 2 yrs held
Home Depot U S A INC
since 2024
Last sale
$10.0M
6 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
$10,000,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Jun 3 2024)
Last sale anchor
$10.00M
Jun 3 2024
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
$101 / 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
$66,328
Tax year 2023
Assessed value
$6,761,140
Assessed 2024
Previous assessed
$6,761,140
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$5,124,880
Assessed improvement
$1,636,260
Land market value
$5,124,880
Improvement market value
$1,636,260
Total market value
$6,761,140
Applied tax rate
85.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1995
Heating
NONE
Stories
2
Bathrooms
0
Total area
99,168 SF
Lot
13.07 ac (569,431 SF)
APN
34032.9138
UPID
US90-3087013
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
1995
Heating
NONE
Stories
2
Bathrooms
0
Lot
13.07 ac
Current owner
From public records · entity-resolved
Home Depot U S A INC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
$10,000,000
Home Depot U S A INC
Shs Building LLC
Special Warranty Deed
—
May 1, 2015
$10,534,243
Shs Building LLC
Spirit Spe Portfolio 2006-1 Ll
Grant Deed
—
Jan 31, 2006
—
Shopko Spe Real Estate LLC
Shopko Stores INC
Quit Claim Deed
related
$700,000,000 · Barclays Capital Real Estate INC
Jul 14, 2005
$557,907
Nagy Family
Douglass,harlan D & Maxine H
Warranty Deed
—
Jan 30, 2004
$435,000
Harlan D Douglass
Shopko Stores INC
Grant Deed
—
—
—
Nagy Family
—
Deed Of Trust
related
$509,531 · Washington Trust 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.
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