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Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Medical Office Space
9302 Colton St, Spokane, WA 99218-1290
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-1513531
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2009
Total area
13,941 SF
Lot
1.07 ac (46,609 SF)
APN
36202.0026
UPID
US90-1513531
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
-
Children's Dental Village Dental Office
-
Access Endodontic Dental Office
-
Access Endodontic Specialists: Facer Steven R DDS Dental Office
-
Colton Complete Dental Care Dental Office
-
Correll Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$2.15M
Owner & transaction history
Colton Building LLC · 17 yrs held
Colton Building LLC
since 2008
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+5.2%
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%
$3,000,000
6.5%
$2,770,000
7%
$2,570,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,315,000
Current use
OFFICE BUILDING
$3,485,000
Change: +5% · Conversion: Easy
RETAIL STORES
$3,210,000
Change: -3% · Conversion: Difficult
RESTAURANT
$3,090,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,755,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±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
$154 / 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
$36,511
Tax year 2023
Assessed value
$4,082,020
Assessed 2024
Previous assessed
$3,608,180
+13.1% YoY
Effective rate
0.89%
On assessed value
Assessed land
$605,920
Assessed improvement
$3,476,100
Land market value
$605,920
Improvement market value
$3,476,100
Total market value
$4,082,020
Applied tax rate
30.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2009
Heating
NONE
Stories
2
Total area
13,941 SF
Lot
1.07 ac (46,609 SF)
APN
36202.0026
UPID
US90-1513531
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
MEDICAL BUILDING Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$3.2M
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.8M
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
2009
Heating
NONE
Stories
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Colton Building LLC
Entity
Mailing address
9302 N COLTON ST STE #100, SPOKANE, WA 99218-1290
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2018
—
Colton Building LLC
—
Deed
related
—
Jul 16, 2008
—
Colton Building LLC
Enzler,jay L & Nikki L
Quit Claim Deed
related
$3,320,000 · Banner Bank
Jul 21, 2005
$419,483
Jay L Enzler
Wam Ents INC
Warranty Deed
—
Apr 8, 2004
$1,116,500
Wam Enterprises INC
Wal-mart Stores INC
Grant Deed
$2,180,250 · American West Bank
—
—
Colton Building LLC
—
Loan Modification
related
—
—
—
Colton Building LLC
—
Deed Of Trust
related
$3,320,000 · Banner 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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