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Property profile & analytics
OFF-MARKET
Automotive properties
8300 Sprague Ave Spokane Valley, WA 99212-2916
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0652360
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1945
Total area
11,696 SF
Lot
7.95 ac (346,231 SF)
APN
45195.9178
UPID
US90-0652360
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
-
Dynamic EV Charging Station Electric Vehicle Charging Station
-
Gus Johnson Ford: Service Center Auto Repair Shop
-
Corwin Ford Spokane Car Dealership Auto Repair Shop
-
Corwin Ford Spokane Service Car Rental Facility
-
Corwin Ford Spokane Parts Auto Parts Store
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
Corwin Brothers Properties LLC · 4 yrs held
Corwin Brothers Properties LLC
since 2021
Last sale
$223,305
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
$54,713
Tax year 2023
Assessed value
$5,558,690
Assessed 2024
Previous assessed
$4,402,990
+26.2% YoY
Effective rate
0.98%
On assessed value
Assessed land
$2,077,390
Assessed improvement
$3,481,300
Land market value
$2,077,390
Improvement market value
$3,481,300
Total market value
$5,558,690
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1945
Heating
NONE
Buildings
3
Stories
2
Bathrooms
2
Total area
11,696 SF
Lot
7.95 ac (346,231 SF)
APN
45195.9178
UPID
US90-0652360
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
1945
Heating
NONE
Stories
2
Buildings
3
Bathrooms
2
Lot
7.95 ac
Current owner
From public records · entity-resolved
Corwin Brothers Properties LLC
Entity
Mailing address
201 40TH ST S, FARGO, ND 58103-1117
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2024
—
Corwin Brothers Properties LLC
—
Deed
related
$278,952,546 · Bank Of America NA
Oct 18, 2021
$223,305
Corwin Brothers Properties LLC
Cojohnco LLC
Warranty Deed
$7,250,000 · Comerica Bank
Oct 18, 2021
—
Corwin Brothers Properteis LLC
—
Deed
related
—
Dec 31, 2015
$679,079
Cojohnco LLC
Gph Investments LLP
Warranty Deed
—
May 26, 2010
—
Gph Investments LLP
City Of Spokane Valley
Correction Deed
related
—
Feb 12, 2008
—
Ford,gus J
City Of Spokane Valley
Quit Claim Deed
related
—
Sep 8, 2006
—
Ford,gus J
City Of Spokane Valley
Quit Claim Deed
related
—
Mar 3, 2006
—
Gph Investments LLP
Gp Investments
Quit Claim Deed
related
—
Apr 5, 2004
—
Gp Investments LP
Hedrick,gladys A
Quit Claim Deed
related
—
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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