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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office buildings
7721 Trent Ave, Spokane Valley, WA 99212-2213
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2366065
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
5,018 SF
Lot
0.57 ac (24,846 SF)
APN
45073.1901
UPID
US90-2366065
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
-
Mckey Construction | Luxury Custom Homes Construction Company General Contractor
-
Mayor Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$965k
Owner & transaction history
Trent Properties Spokane LLC · 3 yrs held
Trent Properties Spokane LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+24.2%
Restaurant
$1.1M
+0.2%
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 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
$925,000
ML approach
$1,035,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$820,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,085,000
Current use
AUTO REPAIR, GARAGE
$1,350,000
Change: +24% · Conversion: Difficult
RESTAURANT
$1,085,000
Change: +0% · Conversion: Moderate
MEDICAL BUILDING
$1,020,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $1.33M (Dec 30 2022)
Last sale anchor
$1.33M
Dec 30 2022
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
$192 / 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
$8,633
Tax year 2023
Assessed value
$772,280
Assessed 2024
Previous assessed
$693,880
+11.3% YoY
Effective rate
1.12%
On assessed value
Assessed land
$99,380
Assessed improvement
$672,900
Land market value
$99,380
Improvement market value
$672,900
Total market value
$772,280
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
5,018 SF
Lot
0.57 ac (24,846 SF)
APN
45073.1901
UPID
US90-2366065
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
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1982
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Trent Properties Spokane LLC
Entity
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Trent Properties Spokane LLC
—
Deed
related
$400,000 · Riverbank
Dec 30, 2022
—
Trent Properties Spokane LLC
Mckey Investments LLC
Quit Claim Deed
related
—
Apr 15, 2022
$1,331,500
Mckey Investments LLC
Mulgrew Capital LLC
Contract Sale
$1,131,775 · Mulgrew Capital LLC
Sep 12, 2019
$825,000
Mulgrew Capital LLC
K & D Properties LLC
Warranty Deed
—
Mar 30, 2017
$339,000
K & D Properties LLC
7721 E Trent LLC
Warranty Deed
—
Apr 29, 2010
—
7721 E Trent LLC
Guerra,raymond B
Quit Claim Deed
related
$575,000 · Key Bank NA
Dec 31, 2008
—
Raymond B Guerra
—
Trustees Deed
related
$525,000 · Riverbank
Nov 7, 2008
$457,000
Raymond B Guerra
Witherspoon Peter A
Trustees Deed
related
—
Aug 18, 2008
$38,000
Whitehouse Properties East Ltd
Phoenix Dev East Corp
Quit Claim Deed
related
—
Jul 20, 2007
$263,079
Phoenix Dev East Corp
Trent Properties LLC
Warranty Deed
$263,080 · Trent Properties LLC
Mar 27, 2007
—
Trent Properties LLC
Stevens,lonnie & Mary
Quit Claim Deed
related
—
Aug 11, 2006
—
Lonnie Stevens
Tci
Quit Claim Deed
related
—
—
—
Tci Co
—
Deed Of Trust
related
$102,675 · Inland Northwest Bank
—
—
Raymond B Guerra
—
Deed Of Trust
related
$525,000 · Riverbank
—
—
Phoenix Dev East Corp
—
Deed Of Trust
related
$90,000 · Ray Guerra
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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