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    Property profile & analytics

    5403 Sprague Ave Spokane Valley, WA 99212-0822

    • Turn key restaurants
    • 45,000 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 30, 2025
    $4,300,000
    Location Intelligence
    Property ID
    US90-1419417
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 5403 Sprague Ave

    Year built
    2002
    Lot size
    1.17 lot acres
    Property size
    45,000 SF
    Property type
    Turn key restaurants
    APN
    35144.0221
    APU
    351440221

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.331
    Latitude
    47.6574
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,684
    $612,400
    $563,500
    $1,175,900
    -
    $612,400
    $563,500
    $1,175,900

    Comparable in this City

    • Value Estimation
      $295,000
      3,045 SF

      3309 Argonne Rd

      RESTAURANT • 3,045 SF
      3309 Argonne Rd, Millwood, WA 99212-2062
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    • Value Estimation
      $235,000
      4,497 SF

      7905 Trent Ave

      RESTAURANT • 4,497 SF
      7905 Trent Ave, Spokane Valley, WA 99212-2215
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    • Value Estimation by Request
      5,382 SF

      2022 Argonne Rd

      RESTAURANT • 5,382 SF
      2022 Argonne Rd, Spokane Valley, WA 99212-2448
      View Details
    • Value Estimation
      $305,000
      1,800 SF

      8125 Sprague Ave

      RESTAURANT • 1,800 SF
      8125 Sprague Ave, Spokane Valley, WA 99212-2911
      View Details
    • Value Estimation
      $205,000
      6,730 SF

      6915 Sprague Ave

      RESTAURANT • 6,730 SF
      6915 Sprague Ave, Spokane Valley, WA 99212-0624
      View Details
    • Value Estimation by Request
      11,080 SF

      2315 Argonne Rd

      RESTAURANT • 11,080 SF
      2315 Argonne Rd, Spokane Valley, WA 99212-2346
      View Details

    Similar Nearby for Sale

    • $800,000
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      Spokane Valley Commercial Corner Property

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      Freestanding Retail Building on Sprague

      Highly visible retail building with showroom, offices, and warehousing.
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      Anchored Retail Building For Sale

      Retail building 100% leased, anchored by Big 5 Sporting Goods.
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    • $750,000
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      Prime Millwood Office/Retail Opportunity

      Vacant, high-traffic corner lot, redevelopment potential
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    • $1,695,000
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    Similar Nearby for Lease

    • $5,500 /Mo
      4,000 SF

      Retail Space Near Major Retailers

      4,000 SF retail space with high-visibility frontage on Sprague Avenue.
      5428 E Sprague Ave, Spokane Valley, WA 99212
      View Details
    • $12 SF/Yr
      14,950 SF

      Retail Space on Argonne Road

      Retail space available in Spokane, WA, with ample parking.
      101 N Argonne Rd, Spokane, WA 99212
      View Details
    • $5,200,000
      15,000 SF

      Retail/Warehouse Space Available For Lease

      15,000 SF retail/warehouse space available Spring 2025.
      4630 E Sprague Ave, Spokane, WA 99212
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    • $13 SF/Yr
      6,952 SF

      Retail Space Available For Rent

      6,952 square feet of retail space for lease.
      5207 E Trent Ave, Spokane, WA 99212
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    • $18 SF/Yr
      19,780 SF

      Spokane Valley Retail Space For Lease

      High-traffic retail space, 1,620 sq ft available.
      5320 Sprague Ave, Spokane Valley, WA 99212
      View Details
    • Contact for pricing
      9,520 SF

      Argonne Road Retail Center

      Spokane Valley retail space available.
      1521 Argonne Rd, Spokane Valley, WA 99212
      View Details
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    5403 Sprague Ave
    Spokane Valley, WA 99212-0822
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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