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Property profile & analytics
OFF-MARKET
Estimated value
$4,480,000
Sports & entertainment properties
930 Monroe St, Spokane, WA 99201-2112
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-3272170
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2008
Total area
79,756 SF
Lot
3.43 ac (149,336 SF)
APN
35182.0039
UPID
US90-3272170
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
-
YWCA Spokane Charitable Organization Social Service Agency
-
ATM Atm
-
Melisa Majnarich Foster Care Service Social Service Agency
-
Central Spokane YMCA - YMCA of the Inland Northwest Gym & Fitness Center
-
New Leaf Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.48M
Owner & transaction history
Central Y Owner LLC · 18 yrs held
Central Y Owner LLC
since 2007
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.2M
+10.7%
Auto repair, garage
$6.9M
+5.9%
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
RECREATIONAL/ENTERTAINMENT (GENERAL)
$6,530,000
Current use
MEDICAL BUILDING
$7,230,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,915,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$6,400,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.48M
Range $4.03M – $4.93M · ±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
$56 / 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
$1,458
Tax year 2023
Assessed value
$17,837,790
Assessed 2024
Previous assessed
$17,637,890
+1.1% YoY
Effective rate
0.01%
On assessed value
Assessed land
$1,194,690
Assessed improvement
$16,643,100
Land market value
$1,194,690
Improvement market value
$16,643,100
Total market value
$17,837,790
Applied tax rate
12.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2008
Heating
NONE
Stories
2
Total area
79,756 SF
Lot
3.43 ac (149,336 SF)
APN
35182.0039
UPID
US90-3272170
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$6.5M
MEDICAL BUILDING
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$6.9M
RETAIL STORES
Est. value
$6.4M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2008
Heating
NONE
Stories
2
Lot
3.43 ac
Current owner
From public records · entity-resolved
Central Y Owner LLC
Entity
Mailing address
1126 N MONROE ST, SPOKANE, WA 99201-2116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2007
—
Central Y Owner LLC
Ymca Of The Inland Northwest
Quit Claim Deed
related
$25,510,000 · Usbcde Sub Cde Xvi LLC
Dec 19, 2007
$1,838,102
Ymca Of Inland Northwest
Young Womens Christian Assn
Warranty Deed
—
Jul 10, 2006
$3,217,500
Young Womens Christian Assn
Big Brothers & Sisters Of Spokane
Trustees Deed
$3,670,000 · American West Bank
—
—
Sisters Spokane Big
—
Deed Of Trust
related
$840,000 · Washington Trust Bank
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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