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Financial
Distress signals
Property profile

525 W 2Nd Ave Spokane, WA 99201

FOR LEASE
Commercial real estate
Property ID
US90-1525804
11,059 SF 0.16 ac lot Built 1978
Last sale Sep 2025 · $630,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
525 W 2Nd Ave, Spokane, WA 99201 For Lease
Contact for pricing 5,183 SF available
525 W 2Nd Ave, Spokane, WA 99201
View Listing

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

What does the county charge?
Assessed value · 2024$1.52M
Assessed land$195k
Assessed improvement$1.32M

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$161/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$105 – $234
Qualifying comparables4

Cap rate analysis

How does the asset earn?
448,158.33%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Pet Grooming Service8.5
Carpet & Flooring Store8.3

Location

525 W 2Nd Ave Spokane, WA 99201
County assessor Recorded deeds · 2 transfers 4 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1403 Boone, Spokane, WA 99201-2747 $115,500 Dec 2023 2,862 SF
230 Boone, Spokane, WA 99201-2312 $775,000 Dec 2022 4,800 SF
1604 Dean, Spokane, WA 99201-1825 $229,000 Nov 2019 3,483 SF
170 Lincoln, Spokane, WA 99201-4443 $660,000 Sep 2019 4,253 SF
1012 Railroad, Spokane, WA 99201-4527 $1,764,325 Jan 2019 3,500 SF
164 State, Spokane, WA 99201-5135 $628,632 Dec 2018 41,865 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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Saved
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