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    122 3rd NE St Auburn, WA 98002-4008
    Property profile & analytics

    122 3rd NE St Auburn, WA 98002-4008


    • Medical Office Space
    • 2,880 SF
    • 0.86 lot acres
    Off-Market
    Last Sale May 6, 2025
    $7,240,000
    Property ID
    US90-1368952
    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.

    Value Estimations
    $7,435,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 122 3rd NE St

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.86 lot acres
    Property size
    2,880 SF
    Zone code
    DUC
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    049250-0180
    APU
    492500180

    Description

    This 18,314-square-foot medical office building in Auburn, WA, is available for $7,800,000. Built in 2006, the single-story, Class C building sits on a 63,330-square-foot lot and features a complete medical build-out, ideal for an owner-user or value-add investor. The property boasts 94 parking spaces, a significant advantage in a location often challenged by parking availability. Located at 122 & 144 3rd St NE, Auburn, WA 98002, the building is situated within a thriving medical hub, surrounded by dense residential neighborhoods, ensuring strong patient access. The property is vacant, presenting a turnkey opportunity for a medical practice or investor seeking to capitalize on the area's robust healthcare market. The land value is $122.65 per square foot, and the building price per square foot is $425.90. The property is zoned DUC and has two APNs: 049250-0180, 049250-0135, 049250-0145, 1735800285, 1735800290, and 1735800280. The lease type is Absolute NNN. This represents a compelling value-add opportunity well below replacement cost.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,440,000
      ML approach
      $7,825,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.228
    Latitude
    47.3098
    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
    $45,748
    $563,000
    $3,290,600
    $3,853,600
    -
    $563,000
    $3,290,600
    $3,853,600
    More about this property
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