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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Automotive properties
3405 Auburn N Way Auburn, WA 98002-1804
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1197792
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,400 SF
Lot
3.66 ac (159,220 SF)
Zoning code
C3
APN
000400-0051
UPID
US90-1197792
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
Current use
Occupant on record · Public records
-
Pizza restaurant Restaurant
-
The Garage Cafe Cafe & Coffee Shop
-
Doxon Toyota of Auburn Car Dealership
-
DX Offroad Auto Parts Store
-
Doxon Toyota of Auburn Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
M & I Investments LLC · 13 yrs held
M & I Investments LLC
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$91 / 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
$69,044
Tax year 2022
Assessed value
$5,456,800
Assessed 2022
Previous assessed
$5,456,800
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,388,300
Assessed improvement
$3,068,500
Land market value
$2,388,300
Improvement market value
$3,068,500
Total market value
$5,456,800
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
3
Stories
1
Total area
19,400 SF
Lot
3.66 ac (159,220 SF)
Zoning code
C3
APN
000400-0051
UPID
US90-1197792
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C3 · Auburn, WA
Zoning C3 · permitted uses
C3 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
3
Lot
3.66 ac
Current owner
From public records · entity-resolved
M & I Investments LLC
Entity
Mailing address
3405 AUBURN WAY N, AUBURN, WA 98002-1804
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2012
—
M & I Investments LLC
Doxon,mark
Quit Claim Deed
related
—
Mar 16, 2006
—
Doxon & Son LLC
Doxon,gary
Quit Claim Deed
related
—
Jan 19, 2006
—
Doxon & Son LLC
Doxon Hazel Credit Trust
Quit Claim Deed
related
—
Jan 9, 2006
—
Doxon & Son LLC
Doxon,mark & Isabella
Quit Claim Deed
related
—
Dec 30, 2005
—
Mark Doxon
M & I Investments LLC
Quit Claim Deed
related
—
May 24, 2005
—
Gary D Doxon
Doxon,lola
Quit Claim Deed
related
—
May 24, 2005
$200,000
Gary D Doxon
Doxon,alice L
Warranty Deed
related
—
Feb 9, 2005
—
Gary Doxon
Doxon,alice L
Quit Claim Deed
related
—
Feb 7, 2005
—
Alice L Doxon
Doxon Kenneth L Trust
Quit Claim Deed
related
—
Nov 22, 2004
$300,000
M & I Investments LLC
Doxon,margaret M
Grant Deed
$300,000 · Margaret M Doxon
Nov 22, 2004
—
Gary Doxon
Doxon,gary
Quit Claim Deed
related
—
Aug 1, 2002
—
Doxon Trust
Kenneth L Doxon Estate
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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