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Property profile & analytics
FOR SALE
Parking lots & garages
5202 N Nevada St, Spokane, WA 99207
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3349021
For Sale
$425,000
5202 N Nevada St, Spokane, WA 99207
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,396 SF
Lot
0.22 ac (9,600 SF)
APN
36324.0729
UPID
US90-3349021
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
-
Randy's Tire Shop (Bike/Boat/Book/etc) Store Auto Parts Store
-
Cordova's Auto Repair Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wokr Hard LLC · 4 yrs held
Wokr Hard LLC
since 2022
Last sale
$285,650
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,106
Tax year 2023
Assessed value
$214,800
Assessed 2024
Previous assessed
$195,400
+9.9% YoY
Effective rate
0.98%
On assessed value
Assessed land
$86,400
Assessed improvement
$128,400
Land market value
$86,400
Improvement market value
$128,400
Total market value
$214,800
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Sale
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
1
Total area
2,396 SF
Lot
0.22 ac (9,600 SF)
APN
36324.0729
UPID
US90-3349021
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Wokr Hard LLC
Entity
Mailing address
801 W RIVERSIDE AVE STE #300, SPOKANE, WA 99201-0908
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
$285,650
Wokr Hard LLC
Lt Real Estate Investments LLC
Warranty Deed
$21,896 · Hometap Investment Parterns III Spv
Mar 26, 2019
—
Lt Real Estate Investments LLC
—
Deed
related
$178,500 · Numerica Cu
Jan 11, 2019
$174,500
Lt Real Estate Investments LLC
Webbleys LLC
Warranty Deed
—
Feb 25, 2013
—
Joseph P Stanley
Louie,rick Y W & Hing W
Warranty Deed
—
Feb 12, 2013
—
Webbleys LLC
Stanley,joseph P & Shaun L
Quit Claim Deed
related
$71,000 · Washington Trust Bank
Aug 27, 2007
$165,000
Joseph P Stanley
Louie,rick Y W & Hing W
Grant Deed
—
—
—
Lt Real Estate Investments LLC
—
Deed Of Trust
related
$178,500 · Numerica Cu
—
—
Joseph P Stanley
—
Deed Of Trust
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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