0 44Th Ave, Auburn, WA 98001
This exceptional 1-acre property in Auburn, Washington, presents a unique opportunity for building a custom home or future development. Located near Lake Dolloff, this lot offers seclusion and privacy while remaining conveniently close to the amenities of Federal Way and other nearby cities, providing easy access to shopping, dining, and entertainment. The property boasts a mostly flat terrain of 43,560 square feet, with some slope along the northern boundary. Its R4 zoning allows for the construction of up to four single-family dwelling units per acre after subdivision, making it an attractive investment opportunity. Utilities are readily available, with power and water accessible in the street. Note that gas is not available, and a septic system will be required for sewer. Access to the property involves crossing Mill Creek and navigating an overgrown easement along the southern property line. The property is being sold "as-is," and potential buyers are responsible for verifying the feasibility of their building plans. No prior studies have been conducted on the land. The property's address is 318 XX 44th Ave NE, Auburn, WA 98001, with the APN 4014400207. Easy access to I-5 via S 320th St. is a significant advantage. There is no signage on the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.