Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,220,000
Banks
920 Riverside Ave Spokane, WA 99201-1010
Individually Owned
Free & Clear
Property ID
US90-0775997
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1966
Construction
CONCRETE
Total area
16,384 SF
Lot
1.21 ac (52,805 SF)
APN
35183.2309
UPID
US90-0775997
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
-
US Immigration & Customs Enfc Federal Government Office
-
US Housing & Urban Dev Department State Department Housing And Urban Development Urban Planning Department
-
US Occupation Safety & Health Government
-
US Geological Water Resources Federal Courthouse
-
US Military Entrance Processing Sta Military Base
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$4.22M
Owner & transaction history
GSA
GSA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+45.5%
Medical building
$3.9M
+39.8%
Restaurant
$3.6M
+30.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$2,785,000
Current use
OFFICE BUILDING
$4,055,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$3,895,000
Change: +40% · Conversion: Difficult
RESTAURANT
$3,630,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$3,540,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,240,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,950,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$4.22M
Range $3.80M – $4.64M · ±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
$258 / 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
Assessed value
$25,518,180
Assessed 2024
Previous assessed
$22,630,180
+12.8% YoY
Assessed land
$3,960,380
Assessed improvement
$21,557,800
Land market value
$3,960,380
Improvement market value
$21,557,800
Total market value
$25,518,180
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Stories
9
Total area
16,384 SF
Lot
1.21 ac (52,805 SF)
APN
35183.2309
UPID
US90-0775997
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
FINANCIAL BUILDING Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$3.9M
RESTAURANT
Est. value
$3.6M
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
FINANCIAL BUILDING Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
1966
Construction
CONCRETE
Heating
NONE
Stories
9
Lot
1.21 ac
Current owner
From public records · entity-resolved
GSA
Individual
Free & Clear · 0 yrs held
Mailing address
400 15TH ST SW, AUBURN, WA 98001-6505
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 920 Riverside Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
