Property profile

622 2nd Ave Spokane, WA 99202

OFF-MARKET
Banks
Property ID
US90-3334486
7,368 SF 0.33 ac lot Built 1978
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,368 SF
Lot 0.33 ac (14,200 SF)
APN 35202.2801
UPID US90-3334486

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Center

Location

622 2nd Ave Spokane, WA 99202-2202
Spokane metro Census 14500 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$945k
Blend (final) Blend
$370k

Owner & transaction history

since 2026
Last sale
$799,000
2 recorded transactions
2026
$799,000
2007
$632,000

Zoning & alternative use

Top alternative use upside
Industrial (general) $1.3M +5.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 622 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message