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Financial
Distress signals
Property profile

820 7th Ave Spokane, WA 99204

OFF-MARKET
Other commercial real estate
Property ID
US90-0266574
7,059 SF 0.46 ac lot Built 1908
Last sale Mar 2026 · $1,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Corbet-Aspray House at 820 W. 7th Ave is a Class-B commercial property in Spokane’s medical district, constructed in 1908. The building contains 7,459 square feet and is configured with 10 offices, 2 conference rooms, and a commercial kitchen. The property has been updated with a roof replacement, new flooring, fresh interior paint, and a new boiler. The layout supports professional uses and offers potential for alternative uses such as an event center or bed-and-breakfast conversion.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$1.23M
Assessed land$445k
Assessed improvement$781k
Effective rate0.83%

Value estimate

· Oct 2026
$410k
$369k – $451k
CAP approach$1.30M
Submarket $/SF estimate$1.55M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$161/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$105 – $234
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.3
Laundromat9.0
Watch Repair Shop8.8

Location

820 7th Ave Spokane, WA 99204-2809
County assessor Recorded deeds · 24 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
524 7th, Spokane, WA 99204-2740 $7,418,800 Jul 2021 60,324 SF
905 Monroe, Spokane, WA 99204-3835 $430,000 Nov 2020 3,514 SF
44 6th, Spokane, WA 99204-2306 $1,550,000 Oct 2019 27,416 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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