Financial
Distress signals
Property profile

5025 Sprague Ave Spokane Valley, WA 99212

OFF-MARKET
Retail space
Property ID
US90-2533987
510,500 SF 17.49 ac lot Built 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving Spokane Valley, Washington. Located at 5025 E Sprague Ave, 99212, this property boasts a highly desirable location directly adjacent to a Walmart, ensuring exceptional visibility and foot traffic. The expansive lot size offers significant development potential for a variety of commercial uses, capitalizing on the strong retail presence and dense population of the surrounding area. …

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?
$196k
Tax billed · 2023
Assessed value · 2024$18.10M
Assessed land$4.57M
Assessed improvement$13.53M
Effective rate1.08%

Value estimate

· Sep 2026
$34.75M
$31.27M – $38.22M
Submarket $/SF estimate$46.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$170/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$91 – $364

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.4
Realty agency11.2
Parking Facility10.0

Location

5025 Sprague Ave Spokane Valley, WA 99212-0814
County assessor Recorded deeds · not on file 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4630 Sprague, Spokane Valley, WA 99212-5014 $2,750,000 Aug 2024 35,640 SF
8851 Trent, Spokane Valley, WA 99212-2332 $10,698,000 Nov 2021 46,798 SF
4902 Sprague, Spokane Valley, WA 99212-1733 $2,000,000 Oct 2021 17,500 SF
8325 Trent, Spokane Valley, WA 99212-2327 $1,400,000 Oct 2020 46,367 SF
1521 Argonne, Spokane Valley, WA 99212-2545 $1,250,000 Jan 2020 9,520 SF
1825 Hutchinson, Spokane Valley, WA 99212-2458 $2,000,000 Oct 2019 19,085 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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