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Property profile & analytics
OFF-MARKET
Estimated value
$14,500,000
Outlet malls
1425 Outlet Collection SW Way Auburn, WA 98001-6527
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1585360
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
130,487 SF
Lot
9.29 ac (404,765 SF)
Zoning code
C3
APN
232104-9031
UPID
US90-1585360
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.74M
Blend (final)
Blend
$14.50M
Owner & transaction history
Coastal Farm Real Estate INC · 14 yrs held
Coastal Farm Real Estate INC
since 2012
7 recorded transactions
Zoning & alternative use
C3 · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.50M
Range $13.05M – $15.95M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$111,243
Tax year 2022
Assessed value
$8,501,000
Assessed 2022
Previous assessed
$8,501,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$8,500,000
Assessed improvement
$1,000
Land market value
$8,500,000
Improvement market value
$1,000
Total market value
$8,501,000
Applied tax rate
133.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
130,487 SF
Lot
9.29 ac (404,765 SF)
Zoning code
C3
APN
232104-9031
UPID
US90-1585360
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C3 · Auburn, WAZoning C3 · permitted uses
C3 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
1
Lot
9.29 ac
Current owner
From public records · entity-resolved
Coastal Farm Real Estate INC
Entity
Mailing address
PO BOX 99, ALBANY, OR 97321-0030
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
—
Coastal Farm & Home Supply LLC
—
Deed
related
$135,000 · Tcw Asset Management Company LLC
Dec 5, 2022
—
Coastal Farm Real Estate INC
—
Deed
related
—
Nov 2, 2020
—
Coastal Farm Real Estate INC
—
Deed
related
$55,000,000 · Us Bank NA
Aug 6, 2018
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$25,000,000 · Us Bk
Oct 31, 2016
—
Coastal Farm Real Estate INC
—
Deed
related
$44,925,000 · Us Bk
Feb 1, 2012
$2,800,000
Coastal Farm Real Estate INC
Wal-mart Realty Co
Grant Deed
—
Jun 21, 2010
$9,500,000
Wal-mart Realty Co
Wal-mart R/e Busn Trust
Warranty Deed
—
Mar 28, 2003
—
Walmart Real Estate Business
Wal-mart Stores INC
Grant Deed
related
—
Dec 1, 1993
$19,683,190
Supermall Interests Washington
Quadrant Corp
Grant Deed
$15,746,552 · Seller
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$32,000,000 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$53,000,000 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$36,411,153 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Deed Of Trust
related
$28,000,000 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Deed Of Trust
related
$32,283,750 · Bank Of America
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$44,925,000 · Us Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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