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    Property profile & analytics

    1404 Lk Tapps SE Dr, Unit 1416 Auburn, WA 98092-8291

    • Strip malls
    • 67,100 SF
    • 12.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 16, 2025
    Location Intelligence
    Property ID
    US90-0509211
    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

    • Strip malls

    Property Details for 1404 Lk Tapps SE Dr

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    12.48 lot acres
    Property size
    67,100 SF
    Zone code
    PUD
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    520068002
    APU
    520068002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Pierce
    State
    Washington
    Longitude
    -122.21
    Latitude
    47.2437
    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
    2024
    $412,061
    $11,366,200
    $25,179,200
    $36,545,400
    -
    $11,366,200
    $25,179,200
    $36,545,400

    Comparable in this City

    • Value Estimation by Request
      3,780 SF

      1619 Lk Tapps SE Pkwy

      SHOPPING CENTER, STRIP CENTER • 3,780 SF
      1619 Lk Tapps SE Pkwy, Auburn, WA 98092-8226
      View Details
    • Value Estimation
      $5,185,000
      3,843 SF

      13613 Meridian E Ave, Unit 140

      SHOPPING CENTER, STRIP CENTER • 3,843 SF
      13613 Meridian E Ave, Auburn, WA 98092
      View Details
    • Value Estimation
      $5,130,000
      3,638 SF

      13613 Meridian E Ave, Unit 260

      SHOPPING CENTER, STRIP CENTER • 3,638 SF
      13613 Meridian E Ave, Auburn, WA 98092
      View Details
    • Value Estimation
      $4,970,000
      3,861 SF

      13613 Meridian E Ave, Unit 280

      SHOPPING CENTER, STRIP CENTER • 3,861 SF
      13613 Meridian E Ave, Auburn, WA 98092
      View Details
    • Value Estimation
      $4,980,000
      898 SF

      13613 Meridian E Ave, Unit 130

      SHOPPING CENTER, STRIP CENTER • 898 SF
      13613 Meridian E Ave, Auburn, WA 98092
      View Details
    • Value Estimation
      $5,075,000
      3,638 SF

      13613 Meridian E Ave, Unit 220

      SHOPPING CENTER, STRIP CENTER • 3,638 SF
      13613 Meridian E Ave, Auburn, WA 98092
      View Details

    Similar Nearby for Sale

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      Charming one bedroom condo with garage in Lakeland Hills.
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      1,447 SF

      Charming Condo on Peaceful Lea Hill

      Well-maintained 2-bed, 2.5-bath condo with updates and attached garage.
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    Similar Nearby for Lease

    • $52 SF/Yr
      861 SF

      Auburn Retail Space Available

      Retail space available for lease in Auburn, Washington.
      1404-1416 Lake Tapps Pkwy E, Auburn, WA 98092
      View Details
    • $17 SF/Yr
      1,817 SF

      Auburn Retail Space Available

      Open retail space available for rent in Auburn, Washington.
      3415 Auburn Way S, Auburn, WA 98092
      View Details
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    Auburn, WA 98092-8291
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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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