New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Distribution centers
6120 Sharp Ave, Spokane Valley, WA 99212-1286
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1354549
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Construction
STEEL FRAME
Total area
48,540 SF
Lot
2.35 ac (102,268 SF)
APN
35132.0842
UPID
US90-1354549
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
-
I-90 Express Finishing Sandblasting Service Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$2.55M
Owner & transaction history
Tml LLC · 7 yrs held
Tml LLC
since 2018
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 Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane Valley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10%
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
$52 / 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
$23,071
Tax year 2023
Assessed value
$2,176,700
Assessed 2024
Previous assessed
$2,068,100
+5.3% YoY
Effective rate
1.06%
On assessed value
Assessed land
$306,800
Assessed improvement
$1,869,900
Land market value
$306,800
Improvement market value
$1,869,900
Total market value
$2,176,700
Applied tax rate
148.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Stories
2
Bathrooms
4
Total area
48,540 SF
Lot
2.35 ac (102,268 SF)
APN
35132.0842
UPID
US90-1354549
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
1995
Construction
STEEL FRAME
Heating
NONE
Stories
2
Bathrooms
4
Lot
2.35 ac
Current owner
From public records · entity-resolved
Tml LLC
Entity
Mailing address
23103 E 2ND AVE, LIBERTY LAKE, WA 99019-9437
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2020
—
Tmlc LLC
—
Deed
related
$1,303,500 · State Bk Nw
Aug 7, 2018
$2,000,000
Tml LLC
Acme Machine Works INC
Warranty Deed
$1,303,500 · State Bank Northwest
Dec 11, 2007
$1,990,000
Acme Machine Works INC
Vpi Enterprises LLC
Deed Of Trust
$1,492,500 · Washington Trust Bank
Jan 18, 2007
—
Vpi Ents LLC
—
Trustees Deed
related
$3,408,000 · Panhandle State Bank
—
—
Vpi Ents LLC
—
Deed Of Trust
related
$434,518 · Panhandle State Bank
—
—
Tmlc LLC
—
Deed Of Trust
related
$1,069,000 · Northwest Busn Dev Assn
—
—
Tmlc LLC
—
Deed Of Trust
related
$1,303,500 · State Bk Nw
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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