5-1721 W Valley Hwy N, Auburn, WA 98001
Versatile flex condo with office buildout and 12-foot grade-level loading for light industrial and showroom use.
- Added:
- Jun 3, 2026
- Days on Market:
- 36
- Last Refresh:
- Jul 8 at 4:13 am
Property Features for 5-1721 W Valley Hwy N
General Information
- Standard status
- Active
- Size
- 2,160 SF
Listing office Heaton Dainard, LLC (425) 881-5131
Listing date Jun 3, 2026
Source Exprealty
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 Heaton Dainard, LLC
HighLights
- Approximately 2,160 SF industrial/flex commercial condo in Auburn at 1721 W Valley Hwy N, Unit #5
- Includes about 1,300 SF warehouse/manufacturing/storage plus 860 SF office area for operational and administrative space
- 12‑foot grade‑level loading door and 16‑foot clear ceilings in the warehouse/flex area
- M‑1 zoning; suited for light industrial, warehouse, contractor, service, manufacturing, showroom, or flex‑office uses
- Professionally managed industrial complex with quick access to Hwy 167, SR‑18, I‑5, Kent Valley, and the Seattle‑Tacoma distribution network
Overview
The property is located in Auburn within a professionally managed industrial complex, in an area described as the Valley industrial corridor. It is zoned M-1 and is positioned for quick regional access to Hwy 167, SR-18, and I-5, with connection to the Kent Valley and the broader Seattle-Tacoma distribution network.
This configuration can work well for owner-users and businesses needing both space to operate and room to manage day-to-day functions on site. Supported uses include light industrial, warehouse, contractor and service operations, manufacturing, showroom, and flex-office arrangements. For buyers seeking a manageable, condo-style industrial asset in South King County, Unit #5 offers practical functionality and operational convenience within an established industrial setting.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.8k | $36.00 |
| − Vacancy | −$17.0k | −$7.88 |
| EGI | $60.7k | $28.12 |
| − OpEx | −$15.2k | −$7.03 |
| NOI | $45.5k | $21.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- King
- State
- Washington
- Longitude
- -122.254667
- Latitude
- 47.307575
