Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
5823 Julia St Spokane, WA 99217
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0260555
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
STEEL FRAME
Total area
1,800 SF
Lot
0.15 ac (6,400 SF)
APN
36341.1401
UPID
US90-0260555
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
-
Revive Heating and Air Conditioning LLC HVAC Service General Contractor
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
Mcgrath Enterprises LLC · 2 yrs held
Mcgrath Enterprises LLC
since 2024
Last sale
$325,000
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
$1,985
Tax year 2023
Assessed value
$202,400
Assessed 2024
Previous assessed
$172,800
+17.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$24,000
Assessed improvement
$178,400
Land market value
$24,000
Improvement market value
$178,400
Total market value
$202,400
Applied tax rate
16.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
0
Total area
1,800 SF
Lot
0.15 ac (6,400 SF)
APN
36341.1401
UPID
US90-0260555
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
1993
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.15 ac
Current owner
From public records · entity-resolved
Mcgrath Enterprises LLC
Entity
Mailing address
5215 W BEDFORD AVE, SPOKANE, WA 99208-8941
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
$325,000
Mcgrath Enterprises LLC
Andrew P Hood
Warranty Deed
$245,000 · Spokane Teachers Cu
Dec 16, 2019
$191,000
Andrew P Hood
Carl Behr Grether
Warranty Deed
$156,000 · Riverbank
Jul 16, 2019
$190,000
Grether,c B & L M 1999 F & Trust
Premier 1031 INC
Warranty Deed
—
Jan 23, 2018
—
Bad Cop No Donut LLC
—
Deed
related
$82,500 · Spokane Teachers Cu
Jul 21, 2009
$120,000
Bad Cop No Donut LLC
A & S Electric INC
Warranty Deed
$96,960 · Jpmorgan Chase Bank NA
Jan 3, 2007
—
Age Hval
Blocher,bill A & Dona L
Warranty Deed
—
Dec 15, 2006
$122,500
A & S Electric INC
Clark,keith V & Patricia M
Warranty Deed
$171,000 · Washington Trust Bank
Jun 2, 1998
$78,000
Age Hval
Blocher,bill A & Dona L
Grant Deed
$73,000 · Seller
—
—
A & S Electric INC
—
Deed Of Trust
related
$39,867 · Washington Trust Bank
—
—
Bad Cop No Donut LLC
—
Deed Of Trust
related
$82,500 · Spokane Teachers Cu
—
—
A & S Electric INC
—
Deed Of Trust
related
$135,000 · Washington Trust Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5823 Julia St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
