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    Property profile & analytics

    11616 Ambaum Blvd Burien, WA 98146

    • Commercial real estate
    • 7,172 SF
    • 0.59 lot acres
    For Sale
    View listing
    $3,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-1265209
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Salmon Creek Laundromat / Laundromat

    Property Details for 11616 Ambaum Blvd

    Year built
    1949
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.59 lot acres
    Property size
    7,172 SF
    Zone code
    CN
    Property type
    Commercial real estate
    APN
    384160-0005
    APU
    3841600005

    Description

    This exceptional investment property in Burien, WA, presents a rare opportunity to acquire a substantial multi-family and commercial complex. The portfolio comprises four buildings totaling seven commercial spaces and eleven apartments, strategically situated on a sizable lot including an additional half-acre of developable commercial land. The main building houses five commercial units on the ground floor and five apartments on the upper level. A separate corner building features both upper and lower-level commercial tenants. Adding to the property's income potential is a smaller house and a five-plex located behind the main structure. All buildings are well-maintained and currently boast 100% occupancy, generating a consistent rental income stream. Recent upgrades have enhanced the property's value and appeal. Ample parking is available for both commercial tenants and residential occupants. The additional half-acre commercial lot offers significant potential for future development and expansion, providing further opportunities to increase revenue. This turnkey investment is ideal for an experienced investor seeking a diversified portfolio with strong cash flow and significant upside potential in a thriving Burien location. The property is located at 11616 Ambaum Boulevard SW, Burien, WA and is listed at $3,100,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burien
    County
    King
    State
    Washington
    Longitude
    -122.354
    Latitude
    47.4988
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $25,212
    $387,000
    $1,849,800
    $2,236,800
    -
    $387,000
    $1,849,800
    $2,236,800

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      0.04 Acres

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    Burien, WA 98146
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    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
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