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    Property profile & analytics

    1509 Auburn Way S Auburn, WA 98002

    • Retail space
    • 21,222 SF
    • 1.00 lot acres
    For Sale
    View listing
    $2,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0837101
    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

    • Tran T. Nguyen, PharmD / Pharmacy
    • Linda J. Peterson, PharmD / Pharmacy
    • higi / Health Consultant
    • Rite Aid / Drug Store / Beauty Supply Store
    • Rite Aid Pharmacy / Pharmacy

    Property Details for 1509 Auburn Way S

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    21,222 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    192105-9296
    APU
    1921059296

    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
    King
    State
    Washington
    Longitude
    -122.215
    Latitude
    47.2945
    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
    $38,778
    $871,200
    $2,303,700
    $3,174,900
    -
    $871,200
    $2,303,700
    $3,174,900

    Comparable in this City

    • Value Estimation by Request
      7,680 SF

      4321 A SE St

      RETAIL STORES (PERSONAL SERVICES) • 7,680 SF
      4321 A SE St, Auburn, WA 98002-8673
      View Details
    • Value Estimation by Request
      1,146 SF

      1420 Auburn S Way

      RETAIL STORES (PERSONAL SERVICES) • 1,146 SF
      1420 Auburn S Way, Auburn, WA 98002-6740
      View Details
    • Value Estimation by Request
      31,740 SF

      1011 Auburn S Way

      RETAIL STORES (PERSONAL SERVICES) • 31,740 SF
      1011 Auburn S Way, Auburn, WA 98002-6133
      View Details
    • Value Estimation by Request
      5,400 SF

      602 Auburn S Way

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      602 Auburn S Way, Auburn, WA 98002-6061
      View Details
    • Value Estimation by Request
      13,200 SF

      2705 Auburn N Way

      RETAIL STORES (PERSONAL SERVICES) • 13,200 SF
      2705 Auburn N Way, Auburn, WA 98002-2418
      View Details
    • Value Estimation by Request
      6,296 SF

      220 Auburn N Way

      RETAIL STORES (PERSONAL SERVICES) • 6,296 SF
      220 Auburn N Way, Auburn, WA 98002-5009
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Former Retail Building in Auburn

      Former Rite Aid building in Auburn, Washington for sale.
      1509 Auburn Way S, Auburn, WA 98002
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    • $1,895,000
      1 SF

      Auburn Retail/Office Investment Property

      10,900 SF fully leased retail/office building in Auburn, WA.
      2 Auburn Way N, Auburn, WA 98002
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    • $3,895,000
      15 SF

      Well-Maintained Auburn Apartment Community

      16-unit apartment community built in 1988 on a 26,875-SF lot.
      3601 I St NE | Auburn, Auburn, WA 98002
      View Details
    • Contact for pricing

      Residential Land Development Opportunity

      Land with potential for 15-17 lots, subject to approval.
      5545 Auburn Way S, Auburn, WA 98002
      View Details
    • Contact for pricing
      24,500 SF

      Auburn Industrial Incubator Space

      3,500 SF industrial space available for lease.
      3401 C St NE, Auburn, WA 98002
      View Details
    • Contact for pricing
      61,080 SF

      Auburn Warehouse/Distribution Sublease Opportunity

      Warehouse/distribution facility with office space available for sublease.
      3104 C St NE, Auburn, WA 98002
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,250 SF

      Retail Space on Auburn Way

      Retail space available for lease in Auburn, Washington.
      3312-3366 Auburn Way S, Auburn, WA 98002
      View Details
    • $20 SF/Yr
      4,400 SF

      Auburn Retail Space Available

      4,400 SF retail space with high ceilings and signage.
      3705 Auburn Way N, Auburn, WA 98002
      View Details
    • $15 SF/Yr
      1,598 SF

      Auburn Retail/Office Space Available

      1,598 SF retail or office space for lease.
      1200-1221 A St NE, Auburn, WA 98002
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Space in Auburn, WA

      1400 SF retail space available for lease.
      4435 A St SE, Auburn, WA 98002
      View Details
    • $12 SF/Yr
      1,500 SF

      Versatile Retail/Office Space Available

      1500 SF retail/office space with easy highway access.
      230 Auburn Way South, Auburn, WA 98002
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Auburn, WA

      Retail space available for lease in Auburn, Washington.
      3734-4018 A St SE, Auburn, WA 98002
      View Details

    Property Visit Statistics

    • Visits by month
      8.2k
    • Visitors by month
      7.4k
    • Avg Time on site
      39 min
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    1509 Auburn Way S
    Auburn, WA 98002
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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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