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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Medical Office Space
6710 Country Homes Blvd, Spokane, WA 99208-4337
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-1624067
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
STEEL FRAME
Total area
12,788 SF
Lot
1.38 ac (60,101 SF)
APN
26254.0077
UPID
US90-1624067
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
-
Kari Eckberg Physician
-
Alysa Franklin Physician
-
Rachel Roberts Physician
-
Megan Hegney Physician
-
Nicole Minter Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.54M
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.16M
Owner & transaction history
Boulevard Building LLC · 12 yrs held
Boulevard Building LLC
since 2013
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+5.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,755,000
6.5%
$2,540,000
7%
$2,360,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,040,000
Current use
OFFICE BUILDING
$3,200,000
Change: +5% · Conversion: Easy
RETAIL STORES
$2,945,000
Change: -3% · Conversion: Difficult
RESTAURANT
$2,835,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,525,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±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
$169 / 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
$31,734
Tax year 2023
Assessed value
$3,253,360
Assessed 2024
Previous assessed
$2,781,200
+17.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$330,560
Assessed improvement
$2,922,800
Land market value
$330,560
Improvement market value
$2,922,800
Total market value
$3,253,360
Applied tax rate
10.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
2
Total area
12,788 SF
Lot
1.38 ac (60,101 SF)
APN
26254.0077
UPID
US90-1624067
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.0M
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$2.9M
RESTAURANT
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Boulevard Building LLC
Entity
Mailing address
PO BOX 48070, SPOKANE, WA 99228-1070
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2016
—
Boulevard Building LLC
—
Deed
related
$3,404,500 · Inland Northwest Bank
Aug 30, 2013
$625,000
Boulevard Building LLC
Sons Of Norway INC
Warranty Deed
$938,538 · Inland Northwest Bank
—
—
Boulevard Building LLC
—
Deed Of Trust
related
$726,000 · Northwest Busn Dev Assn
—
—
Sons Of Norway INC
—
Deed Of Trust
related
$100,000 · William L Peterson
—
—
Sons Of Norway INC
—
Deed Of Trust
related
$60,000 · William L Peterson
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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