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Property profile & analytics
OFF-MARKET
Investment properties
7406 Sprague Ave Spokane Valley, WA 99212-0635
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0062845
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1946
Total area
1,920 SF
Lot
0.48 ac (20,912 SF)
APN
35241.0104
UPID
US90-0062845
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
-
The Beauty & Barber Shop LLC Tattoo & Piercing Shop
-
Stare At Me Lash And Wax Bar Hair Salon
-
The Beauty, Barber & Tattoo Parlor, LLC Barber Shop
-
Sessions Studio Salon Hair Salon
-
Posture Perfect Alternative Medicine Practice Spa & Massage Center
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
Catalyst Management LLC · 7 yrs held
Catalyst Management LLC
since 2019
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
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
$4,019
Tax year 2023
Assessed value
$355,970
Assessed 2024
Previous assessed
$353,570
+0.7% YoY
Effective rate
1.13%
On assessed value
Assessed land
$125,470
Assessed improvement
$230,500
Land market value
$125,470
Improvement market value
$230,500
Total market value
$355,970
Applied tax rate
140.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1946
Heating
NONE
Buildings
3
Stories
1
Bathrooms
0
Total area
1,920 SF
Lot
0.48 ac (20,912 SF)
APN
35241.0104
UPID
US90-0062845
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
1946
Heating
NONE
Stories
1
Buildings
3
Bathrooms
0
Lot
0.48 ac
Current owner
From public records · entity-resolved
Catalyst Management LLC
Entity
Mailing address
1019 W BOLAN AVE, SPOKANE, WA 99224-8268
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2019
—
Catalyst Management LLC
Hurt,melinda
Quit Claim Deed
related
—
Oct 24, 2018
—
Melinda Hurt
—
Deed
related
$249,950 · Spokane Teachers Cu
Apr 1, 2005
$320,000
Melinda Hurt
Rubio,ricardo & Karen
Warranty Deed
$291,379 · Washington Trust Bank
Sep 14, 2004
$225,000
Ricardo Rubio
Strock-mcpherson
Warranty Deed
$82,000 · Private Lender
—
—
Melinda Hurt
—
Deed Of Trust
related
$35,000 · Spokane Teachers Cu
—
—
Melinda Hurt
—
Deed Of Trust
related
$249,950 · Spokane Teachers Cu
—
—
Melinda E Hurt
—
Deed Of Trust
related
$275,000 · Spokane Teachers Cu
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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