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Property profile & analytics
OFF-MARKET
Office buildings
705 7th Ave Ste I Spokane, WA 99204-2847
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1770716
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
485 SF
Lot
0.01 ac (490 SF)
APN
35193.5711
UPID
US90-1770716
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
-
Professional In Home TV Repair - Spokane Computer & Electronic Repair
-
Roberts Donald D PhD Physician Medical Clinic
-
Roberts Kristina K PHD Physician Medical Clinic
-
Roberts Deanda S Counselor
-
Spokane Christian Counseling Crisis Center Medical Clinic
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
Mccauley Hall II LLC · 6 yrs held
Mccauley Hall II LLC
since 2019
5 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
$836
Tax year 2023
Assessed value
$84,510
Assessed 2024
Previous assessed
$80,210
+5.4% YoY
Effective rate
0.99%
On assessed value
Assessed land
$43,910
Assessed improvement
$40,600
Land market value
$43,910
Improvement market value
$40,600
Total market value
$84,510
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Heating
NONE
Stories
1
Total area
485 SF
Lot
0.01 ac (490 SF)
APN
35193.5711
UPID
US90-1770716
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
1980
Heating
NONE
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Mccauley Hall II LLC
Entity
Mailing address
705 W 7TH AVEA3, SPOKANE, WA 99204-2836
Ownership since
2019
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
Nov 15, 2019
—
Mccauley Hall II LLC
Russell V Lugli
Quit Claim Deed
related
$1,675,000 · Riverbank
Jun 23, 2017
$375,000
Rusty V Lugli
Smkr LLC
Warranty Deed
—
Jun 23, 2017
—
Russell V Lugli
Lugli,susan
Quit Claim Deed
related
—
Jun 29, 2012
$375,000
Smkr LLC
Lupton,kent & Cynthia
Warranty Deed
$375,000 · Kent & Cynthia Lupton
Jun 22, 2006
$150,000
Edward R Vanvliet
Vanvliet Edward R
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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