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    4701 Auburn Way N Auburn, WA 98002

    For Sale
    $22,000,000

    Development opportunity in Auburn Gateway with utilities and completed infrastructure.

    Lot size:
    22.53 Acres

    Property Features for 4701 Auburn Way N

    General Information

    Lot size
    22.53 Acres

    Source: SRE Agent Jordan Springer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Entitled Land Ready to Develop

    This property, located between Kent and Auburn, Washington, offers a commercial development opportunity. It is entitled and ready to develop. Wet and dry utilities are available to the property, and all roads and new traffic lights are complete. Site work is underway to create a level and flat property by fall 2021. An adjacent 2.84-acre public amenity amphitheater and community space, named 'The Heart', is also slated for completion in fall 2021. Build-to-suit office, retail, or flex spaces are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Total Living Concept Non-Profit Organization Amy Storey Chiropractor Terri Moore Massage Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.2249782
    Latitude
    47.3488123

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    FAQs

    What type of property is this?
    Land - Development opportunity in Auburn Gateway with utilities and completed infrastructure.
    Where is this land located?
    The property is located at 4701 Auburn Way N Auburn, WA.
    What is the asking price?
    The asking price for this property is $22,000,000.
    What are key features of this property?
    This property features: - Entitled and ready-to-develop commercial property.; - Wet and dry utilities are available to the property.; - Roads and new traffic lights are complete.
    (206) 486-3114
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    4701 Auburn Way N Auburn, WA 98002
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    Auburn, WA 98002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4701 Auburn Way N Auburn, WA 98002
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