Financial
Distress signals
Property profile

601 E Riverside Ave Spokane, WA 99202

FOR LEASE
Office buildings
Property ID
US90-1920104
138,840 SF 2.79 ac lot Built 2020
Last sale Jun 2018 · $455,940
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space located at 601 E Riverside Ave in Spokane, Washington. It contains 8,387 square feet and is identified by tax ID 35173.1127. The space is configured and suitable for office use, including office units and office properties.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$244k
Tax billed · 2023
Assessed value · 2024$25.03M
Assessed land$608k
Assessed improvement$24.42M
Effective rate0.98%

Value estimate

· Sep 2026
$29.96M
$26.96M – $32.96M
CAP approach$32.63M
Sales comparison$38.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$250/SF
Submarket average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$145 – $372

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service8.9
Locksmith8.4
Laundromat8.3

Location

601 E Riverside Ave Spokane, WA 99202
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
520 Cowley, Spokane, WA 99202-1315 $2,250,000 Dec 2025 11,670 SF
501 Riverpoint, Spokane, WA 99202-1659 $12,200,000 Jan 2025 72,436 SF
3724 Frnt, Spokane, WA 99202-4705 $670,000 Aug 2023 6,200 SF
1803 Springfield, Spokane, WA 99202-2954 $1,500,000 Jan 2023 5,933 SF
3327 Olive, Spokane, WA 99202-4617 $6,000,000 Dec 2020 8,800 SF
502 5th, Spokane, WA 99202-1313 $745,000 Oct 2019 7,395 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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