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    OFF-MARKET
    Land

    0 44Th Ave, Auburn, WA 98001

    1 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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