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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Commercial real estate
820 7th Ave Spokane, WA 99204-2809
Entity Owned
~
Est. High Equity
Property ID
US90-0266574
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1908
Total area
7,059 SF
Lot
0.46 ac (20,215 SF)
APN
35193.0005
UPID
US90-0266574
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
-
Campbell & Bissell PLLC Law Firm
-
Shimmering Palms Massage and Wellness, PLLC Alternative Medicine Practice Spa & Massage Center
-
La Vie En Rose Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.34M
Owner & transaction history
Jeather 1 LLC
Jeather 1 LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+55.0%
Medical building
$1.7M
+47.4%
Retail stores
$1.6M
+42.7%
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%
$1,405,000
6.5%
$1,295,000
7%
$1,205,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,140,000
Current use
OFFICE BUILDING
$1,765,000
Change: +55% · Conversion: Easy
MEDICAL BUILDING
$1,680,000
Change: +47% · Conversion: Easy
RETAIL STORES
$1,625,000
Change: +43% · Conversion: Easy
RESTAURANT
$1,565,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,395,000
Change: +22% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,270,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±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
$189 / 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
$10,172
Tax year 2023
Assessed value
$1,225,630
Assessed 2024
Previous assessed
$845,930
+44.9% YoY
Effective rate
0.83%
On assessed value
Assessed land
$444,730
Assessed improvement
$780,900
Land market value
$444,730
Improvement market value
$780,900
Total market value
$1,225,630
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1908
Heating
FORCED AIR
Cooling
NONE
Stories
3
Rooms
7
Bathrooms
3
Total area
7,059 SF
Lot
0.46 ac (20,215 SF)
APN
35193.0005
UPID
US90-0266574
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1908
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
7
Bathrooms
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
Jeather 1 LLC
Entity
Mailing address
1008 W 19TH AVE, SPOKANE, WA 99203-1135
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2026
$1,325,000
Jeather 1 LLC
Cambiss Ventures LLC
Warranty Deed
$993,750 · Washington Trust Bank
Dec 21, 2021
—
Washington Trust Bank
—
Deed
related
—
Dec 10, 2021
—
Cambiss Ventures LLC
—
Deed
related
$25,000 · Washington Trust Bank
Aug 6, 2018
—
Cambiss Ventures LLC
—
Deed
related
$304,955 · Columbia St Bk
Feb 11, 2013
$450,000
Cambiss Ventures LLC
Inland Capital LLC
Warranty Deed
$405,263 · Columbia State Bank
Jul 12, 2012
$395,000
Inland Capital LLC
Northwest Trustee Services
Trustees Deed
related
—
Jan 27, 2010
$503,001
Nw Bridge Cap Ptrs LLC
Carroll Charles V
Trustees Deed
related
$394,180 · Eastside Funding LLC
Jan 8, 2001
$46,000
Shawn C Nichols
Diners INC
Quit Claim Deed
related
—
Mar 1, 1999
—
Diners INC
Nichols,shawn C & Ann M
Quit Claim Deed
related
—
Feb 19, 1999
$355,000
Shawn C Nichols
Jahnke,richard W & Jeanne
Grant Deed
$319,500 · Headlands Mortgage
—
—
Shawn C Nichols
—
Deed Of Trust
related
$488,274 · Banner Bank
—
—
Nw Bridge Cap Ptrs LLC
—
Deed Of Trust
related
$150,000 · Nw Bridge Cap Ptrs LLC
—
—
Shawn C Nichols
—
Deed Of Trust
related
$232,846 · F & M Bank
—
—
Nichols Shawn C
—
Deed Of Trust
related
$500,000 · Global FCU
—
—
Cambiss Ventures LLC
—
Loan Modification
related
$304,955 · Columbia St Bk
—
—
Inland Capital LLC
—
Deed Of Trust
related
$322,880 · Inland Northwest Bank
—
—
Cambiss Ventures LLC
—
Deed Of Trust
related
$254,000 · Northwest Busn Dev Assn
—
—
Cambiss Ventures LLC
—
Loan Modification
related
$549,180 · Columbia State Bank
—
—
Nw Bridge Cap Ptrs LLC
—
Deed Of Trust
related
$100,000 · Lisa M Beers
—
—
Shawn C Nichols
—
Deed Of Trust
related
$100,000 · Banner Bank
—
—
Diners INC
—
Deed Of Trust
related
$152,005 · Farmers & Merchants Bk Rockfor
—
—
Shawn C Nichols
—
Deed Of Trust
related
$402,500 · Wells Fargo Home Mortgage INC
—
—
Shawn C Nichols
—
Deed Of Trust
related
$56,935 · F & M Bank
—
—
Diners INC
—
Deed Of Trust
related
$221,669 · Farmers & Merchants Bk Rockfor
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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