Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    201 S Division Street Auburn, WA 98001

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office space in downtown Auburn with easy highway access.

    Type:Office
    Property size:
    12,168 SF
    Price / SF:
    $0.13/SF
    Added:
    Jan 27, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 5 at 10:57 pm

    Property Features for 201 S Division Street

    General Information

    Standard status
    Active
    Size
    12,168 SF
    Property subtype
    Office

    Properties For Sale

    at 201 S Division Street Contact us

    We can help!

    Listing Contact
    Bruce Goldstein

    Listing agent Bruce Goldstein

    Listing office NAI PUGET SOUND PROPERTIES

    Listing date Jan 27, 2026

    Source Naiglobal

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI PUGET SOUND PROPERTIES

    Overview

    Downtown Auburn Office Sublease

    This office space is available for sublease in downtown Auburn. The suite, designated E, offers 800 square feet of space. The layout includes an open reception area, one private office, and a bathroom. The building features a newly painted exterior and is well-maintained. Located in downtown Auburn, the property provides easy access to both Highway 18 and Highway 167. Ample on-site parking is available, and exterior signage is provided. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All Denture Care Dental Office Hahn Gary M ... Dental Office Dr. Mark L. ... Physician Joshua Weed, MS Counselor Acupuncture Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.23
    Latitude
    47.3093

    Nearby Similar for Sale

    • $1,100,000

      Auburn Corner Lot with Income

      Corner lot with high visibility and income-generating espresso stand.
      34049 Military Road S, Auburn, WA 98001
      View Details
    • $1,650,000
      10,900 SF

      Auburn Retail/Office Investment Opportunity

      Fully leased retail/office building with upside potential in Auburn, WA.
      2 Auburn Way N, Auburn, WA 98002
      View Details
    • $3,990,000
      8,396 SF

      Established Medical Eye Center

      Medical and surgical eye care center in Puget Sound.
      700 M St NE, Auburn, WA 98002
      View Details
    • $1.29
      9,480 SF

      Warehouse/Distribution Facility with Office Space

      Warehouse/distribution facility with office space in Auburn, Washington.
      3104 C Street NE, Bldg B, Auburn, WA 98002
      View Details
    • $950,000
      3,560 SF

      Townhome-Style Triplex in Meadow Brooke Estates

      Well-maintained triplex with strong tenancy in a desirable location.
      1019 18th St NE, Auburn, WA 98002
      View Details
    • $2,500,000
      6,714 SF

      Versatile Industrial Asset in Auburn

      Industrial property with shop, paint booth, and shed buildings.
      3207 C St NE, Auburn, WA 98002
      View Details
    • $1,595
      800 SF

      Downtown Auburn Office Sublease

      Office space in downtown Auburn with easy highway access.
      201 S Division Street, Auburn, WA 98001
      View Details
    • $1,650,000
      1 SF

      Auburn Retail/Office Investment Property

      10,900 SF fully leased retail/office building in Auburn, WA.
      2 Auburn Way N, Auburn, WA 98002
      View Details
    • $1,150,000

      Contemporary Office Building in Auburn

      Modern office building with customizable layouts and excellent highway access.
      918 A Street Se, Auburn, WA, 98002
      View Details
    • $1.29
      61,080 SF

      Auburn Warehouse/Distribution Sublease Opportunity

      Warehouse/distribution facility with office space available for sublease.
      3104 C Street NE, Bldg B, Auburn, WA 98002
      View Details
    • $925,000
      18 SF

      Historic Auburn Apartment Building Investment

      Six-unit apartment building in downtown Auburn with redevelopment potential.
      506 1st Street SW | Auburn, WA 98001, WA 98001
      View Details
    • Contact for pricing
      50,000 SF

      Outlet Collection Retail Opportunities

      Retail, restaurant, and anchor spaces available at Outlet Collection.
      1101 Outlet Collection Way SW, Auburn, WA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space in downtown Auburn with easy highway access.
    Where is this office units located?
    The property is located at 201 S Division Street Auburn, WA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Downtown Auburn Location; Easy access to Hwy 18 and Hwy 167; Ample on‑site parking
    (425) 586-5632
    We can help!
    Listing Contact
    Bruce Goldstein
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!