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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Grocery and convenience stores
909 Division St Spokane, WA 99202-1655
Entity Owned
6-yr Hold
Free & Clear
Property ID
US90-0268865
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1995
Construction
STEEL FRAME
Total area
2,904 SF
Lot
0.54 ac (23,686 SF)
APN
35181.0037
UPID
US90-0268865
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
-
Cardtronics ATM Atm
-
nomnom Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$540k
Owner & transaction history
Par Hawaii LLC · 6 yrs held
Par Hawaii LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$425,000
+279.9%
Commercial (general)
$380,000
+237.5%
Office building
$365,000
+227.4%
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
$470,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$425,000
Change: +280% · Conversion: Difficult
COMMERCIAL (GENERAL)
$380,000
Change: +238% · Conversion: Easy
OFFICE BUILDING
$365,000
Change: +227% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$186 / 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
$11,462
Tax year 2023
Assessed value
$1,174,340
Assessed 2024
Previous assessed
$1,103,360
+6.4% YoY
Effective rate
0.98%
On assessed value
Assessed land
$615,840
Assessed improvement
$558,500
Land market value
$615,840
Improvement market value
$558,500
Total market value
$1,174,340
Applied tax rate
14.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Total area
2,904 SF
Lot
0.54 ac (23,686 SF)
APN
35181.0037
UPID
US90-0268865
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
AUTO REPAIR, GARAGE
Est. value
$425,000
COMMERCIAL (GENERAL)
Est. value
$380,000
OFFICE BUILDING
Est. value
$365,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE 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
1995
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Par Hawaii LLC
Entity
Free & Clear · 6 yrs held
Mailing address
825 TOWN AND COUNTRY LN STE #1500, HOUSTON, TX 77024-2235
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
—
Par Hawaii LLC
Par Hawaii INC
Quit Claim Deed
—
Mar 27, 2018
$1,001,020
Par Hawaii INC
Chs INC
Bargain And Sale Deed
—
May 13, 2010
—
Chs INC
Cenex Petroleum INC
Quit Claim Deed
related
—
Jun 26, 2009
$850,000
Cenex Petroleum INC
Washington Properties LLC
Warranty Deed
—
Nov 9, 2006
—
Washington Properties LLC
Acfi Convenience Stores LLC
Quit Claim Deed
related
—
Jul 2, 2004
—
Acfi Convenience Stores LLC
Maid Oclover South INC
Grant Deed
related
—
Mar 4, 1998
—
Maid Oclover South INC
United Security Bank
Quit Claim Deed
related
—
Dec 19, 1997
—
Maid Oclover South INC
—
Deed Of Trust
related
$6,666,666 · Amresco Commercial Lending
Jun 6, 1995
$255,000
Maid Oclover South INC
Pacific Security Co
Grant Deed
$225,000 · Seller
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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