Realmo Analytics

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Property profile

205 10Th St NE Auburn, WA 98002

FOR LEASE
Medical Office Space
Property ID
US90-1979880
38,766 SF 2.56 ac lot Built 2013
Last sale May 2016 · $12,089,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
205 10Th St NE, Auburn, WA 98002 For Lease
$7,545,000 3,800 SF available
205 10Th St NE, Auburn, WA 98002
View Listing

Property summary

AI-generated overview

A medical/professional office property constructed in 2013, configured to offer suite sizes of approximately 1,600 or 3,800 square feet. The building includes a professional lobby and high-end interior finishes, with convenient access to Highway 167 and proximity to a multi-care medical center. The site is located in an area with nearby amenities and continued development activity, and features on-site security with a security guard. Tax identification number: 0721059046.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$97k
Tax billed · 2022
Assessed value$8.18M
Assessed land$1.68M
Assessed improvement$6.50M
Effective rate1.19%

Value estimate

· Oct 2026
$7.55M
$6.79M – $8.30M
CAP approach$7.91M
Submarket $/SF estimate$4.55M
NOI build-up
Gross scheduled income$105k
Vacancy & credit loss−$21k
Operating expenses−$34k
NOI · 2,331,435.19% cap applied$50k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$395/SF
County average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$227 – $570

Cap rate analysis

How does the asset earn?
2,331,435.19%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.3
Tech Support Center9.7
Storage Facility9.2

Location

205 10Th St NE Auburn, WA 98002
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 2nd NE, Auburn, WA 98002-4902 $3,150,000 Jun 2025 17,740 SF
309 2nd SE, Auburn, WA 98002-5543 $1,775,000 Nov 2023 4,170 SF
735 12th SE, Auburn, WA 98002-6709 $2,465,000 Oct 2023 12,761 SF
700 M NE, Auburn, WA 98002-4586 $3,698,452 Oct 2021 8,248 SF
4701 Auburn N, Auburn, WA 98002-1312 $1,220,000 Oct 2021 3,970 SF
1010 Main, Auburn, WA 98002-5716 $555,000 Oct 2019 3,472 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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