Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

509 N Sullivan Rd C Veradale, WA 99037

FOR LEASE
Retail space
Property ID
US90-1605136
11,770 SF 1.56 ac lot Built 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial restaurant space in the Spokane Valley, situated along a high-traffic north–south arterial and configured to support customer access with on-site parking for 65 vehicles. The site includes pylon signage for prominent identification and is located within a retail strip that features nearby businesses such as Natalie Nails, Little Caesars Pizza, Game Stop, Eye Guys, Family Eye Care, GNC, and GESA Credit Union. The restaurant has an established operating use and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value · 2024$3.09M
Assessed land$816k
Assessed improvement$2.27M
Effective rate0.97%

Value estimate

· Oct 2026
$1.82M
$1.63M – $2.00M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$61 – $244
Qualifying comparables10

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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.4
HVAC Service9.7
Smoke and Vape Shop9.0

Location

509 N Sullivan Rd, Unit C Veradale, WA 99037
County assessor Recorded deeds · not on file 10 qualifying comp sales 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
15510 Sprague, Spokane Valley, WA 99037-8945 $8,891,186 Jul 2023 16,856 SF
15606 Sprague, Spokane Valley, WA 99037-8902 $8,891,186 Jul 2023 2,875 SF
1007 Sullivan, Spokane Valley, WA 99037-8502 $2,900,000 Mar 2022 3,044 SF
1010 Sullivan, Spokane Valley, WA 99037-9549 $1,237,780 Mar 2022 2,520 SF
15701 Sprague, Spokane Valley, WA 99037-5019 $1,840,000 Jun 2021 9,184 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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