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Property profile & analytics
OFF-MARKET
Land

20633 388Th St Auburn, WA 98092

10.27 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 10.27 ac (447,361 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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