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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Apartment buildings
5312 Un Ave Spokane, WA 99212-1328
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0059024
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1912
Construction
STEEL FRAME
Total area
5,000 SF
Lot
0.34 ac (15,000 SF)
APN
35114.1009
UPID
US90-0059024
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$875k
Owner & transaction history
8371 Northgate LLC · 3 yrs held
8371 Northgate LLC
since 2022
Last sale
$950,000
5 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
$865,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $950k (Oct 3 2022)
Last sale anchor
$950k
Oct 3 2022
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
$175 / 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
$6,718
Tax year 2023
Assessed value
$712,900
Assessed 2024
Previous assessed
$428,100
+66.5% YoY
Effective rate
0.94%
On assessed value
Assessed land
$165,000
Assessed improvement
$547,900
Land market value
$165,000
Improvement market value
$547,900
Total market value
$712,900
Applied tax rate
40.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1912
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
8
Bathrooms
8
Total area
5,000 SF
Lot
0.34 ac (15,000 SF)
APN
35114.1009
UPID
US90-0059024
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
1912
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
8
Bathrooms
8
Lot
0.34 ac
Current owner
From public records · entity-resolved
8371 Northgate LLC
Entity
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
$950,000
8371 Northgate LLC
Charis Remodeling LLC
Warranty Deed
$819,000 · Numerica Cu
Jul 17, 2017
$260,500
Charis Remodeling LLC
Teemu LLC
Warranty Deed
—
Dec 27, 2010
—
Teemu LLC
Johnson,jason E & Kelli A
Quit Claim Deed
related
—
Jul 8, 2008
$225,600
Jason E Johnson
Caton,james H & Karen T
Warranty Deed
$168,750 · Intermountain Bank
—
—
James H Caton
—
Deed Of Trust
related
$69,000 · Southern Pacific Thrift & Loan
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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