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Property profile & analytics
FOR SALE
Retail space

34049 Military Rd S Auburn, WA 98001

1,260 SF 0.39 ac lot Built 1967
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US90-1322695
Property summary
AI-generated overview

This exceptional commercial property, located at 34049 Military Road South in Auburn, Washington, presents a unique investment opportunity. Situated on a prime corner lot, the property boasts excellent visibility and benefits from high traffic counts, ensuring maximum exposure for any business. The zoning designation is NB (Neighborhood Business), allowing for a wide range of commercial uses and development possibilities. Currently, the site includes a thriving espresso stand, consistently generating a monthly income of up to $30,000. In addition, a former auto retail shop building is also on the site, offering significant flexibility for various business ventures. The building's existing structure provides immediate occupancy potential, while the expansive lot allows for future expansion or redevelopment. The property's strategic location provides easy access to major highways, enhancing its appeal to businesses and customers alike. This versatile property is ideally suited for entrepreneurs and investors seeking a high-demand location with significant income potential and development flexibility. The asking price is $1,300,000. This is a rare chance to acquire a well-positioned commercial property in a thriving Auburn neighborhood. The property's existing income stream and diverse zoning make it an attractive investment for both short-term and long-term growth.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction WOOD
Total area 1,260 SF
Lot 0.39 ac (17,182 SF)
Zoning code NB
APN 506640-0382
UPID US90-1322695
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Abdul Satar · 9 yrs held
Abdul Satar
since 2016
2 recorded transactions
2016
$285,000
1991
$145,000
Zoning & alternative use
NB · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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