Property profile

0 44Th Ave Auburn, WA 98001

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

44Th Ave Auburn, WA 98001
Auburn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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