Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    20633 388Th St Auburn, WA 98092

    For Sale
    $305,000

    10 acres, buildable residential land, $305,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10.27-acre property in Auburn, WA (zip code 98092, King County), presents a unique opportunity. Located just 2.5 miles from Enumclaw, this A10 zoned land offers the potential for building a custom home, with the added benefit of residential zoning allowing for one house per acre plus a DADU (Detached Accessory Dwelling Unit). The property's agricultural zoning also makes it suitable for a small farm or growing your own food. A septic design was completed in 2006, and a well was installed in 1993. A new percolation test was conducted in November 2022 and is available for purchase. Buyers are encouraged to conduct their own feasibility studies. The seller is offering a $50,000 credit with a full-price offer. The asking price is $305,000, translating to approximately $48,685 per acre. This distressed sale presents a significant opportunity for building equity. The property's proximity to Mount Rainier makes it ideal for building a guest cottage for rental to hikers and climbers. Additional information is available upon request.

    Property Features for 20633 388Th St

    General Information

    Property type
    Land
    Lot Size
    447,361 SF

    HighLights

    • AG‑zoned, allowing for residential development (one home per acre plus an accessory dwelling unit).
    • Suitable for agricultural use, including small‑scale farming.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Clothing Store Food Market Electrical Service Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.0670719
    Latitude
    47.2526503

    Nearby Similar for Sale

    • $1,100,000
      0.39 Acres

      Auburn Corner Lot with Income

      Corner lot with high visibility and income-generating espresso stand.
      34049 Military Rd S, Auburn, WA 98001
      View Details
    • $2,300,000
      8,100 SF

      Downtown Auburn Investment Opportunity

      Mixed-use property with restaurant, retail, and residential units for sale.
      104-112 E Main St, Auburn, WA 98001
      View Details
    • $3,895,000
      15 SF

      Well-Maintained Auburn Apartment Community

      16-unit apartment community built in 1988 on a 26,875-SF lot.
      3601 I St NE | Auburn, 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 St SW | Auburn, Auburn, WA 98001
      View Details
    • $1,895,000
      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
    • $699,950
      2,540 SF

      Value-Add Duplex in Auburn

      Spacious duplex with income potential in a desirable Auburn location.
      402 4Th St SE, Auburn, WA 98002
      View Details

    FAQs

    What type of property is this?
    Land - 10 acres, buildable residential land, $305,000
    Where is this land located?
    The property is located at 20633 388Th St Auburn, WA.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: AG-zoned, allowing for residential development (one home per acre plus an accessory dwelling unit).; Suitable for agricultural use, including small-scale farming.;
    (253) 297-2227
    Request Owner's contact information
    20633 388Th St Auburn, WA 98092
    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.
    20633 388Th St
    Auburn, WA 98092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    20633 388Th St Auburn, WA 98092
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.