Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,990,000
Warehouses
3410 A SE St Auburn, WA 98002-8807
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1368651
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,040 SF
Lot
3.08 ac (134,116 SF)
Zoning code
C3
APN
302105-9032
UPID
US90-1368651
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
$7.95M
CAP Approach
CAP
$5.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.99M
Owner & transaction history
Black Dog Properties LLC · 5 yrs held
Black Dog Properties LLC
since 2021
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
C3 · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.5M
+44.0%
Apartment house (5+ units)
$10.1M
+26.4%
Auto repair, garage
$10.0M
+25.4%
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
$7,540,000
ML approach
$7,950,000
CAP Approach
CAP Return
Estimation
6%
$5,910,000
6.5%
$5,455,000
7%
$5,065,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,970,000
Current use
MEDICAL BUILDING
$11,470,000
Change: +44% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,070,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,990,000
Change: +25% · Conversion: Easy
RETAIL STORES
$7,890,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$6.99M
Range $6.29M – $7.69M · ±10% · vs last sale $7.00M (Jan 15 2021)
Last sale anchor
$7.00M
Jan 15 2021
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
$241 / 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
$89,368
Tax year 2022
Assessed value
$7,297,900
Assessed 2022
Previous assessed
$7,297,900
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,341,100
Assessed improvement
$5,956,800
Land market value
$1,341,100
Improvement market value
$5,956,800
Total market value
$7,297,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
3
Stories
1
Total area
29,040 SF
Lot
3.08 ac (134,116 SF)
Zoning code
C3
APN
302105-9032
UPID
US90-1368651
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$11.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.1M
AUTO REPAIR, GARAGE
Est. value
$10.0M
RETAIL STORES
Est. value
$7.9M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
3
Lot
3.08 ac
Current owner
From public records · entity-resolved
Black Dog Properties LLC
Entity
Mailing address
5801 88TH ST SW, MUKILTEO, WA 98275-3313
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2021
$7,000,000
Black Dog Properties LLC
3410 A Street LLC
Grant Deed
—
Mar 14, 2019
—
3410 A Street LLC
—
Grant Deed
related
$34,000,000 · Cortland Capital Market Services LLC
Nov 21, 2006
$3,170,000
3410 A Street LLC
Fleck Investment Group LLC
Warranty Deed
$2,694,500 · Frontier Bank
Aug 21, 2006
—
Fleck Investment Group LLC
Fleck,duane P & Sandra L
Quit Claim Deed
related
—
—
—
3410 A Street LLC
—
Deed Of Trust
related
$650,000 · Frontier Bank
—
—
3410 A Street LLC
—
Deed Of Trust
related
$2,971,500 · Frontier Bank
—
—
3410 A Street Se LLC
—
Deed Of Trust
related
$2,971,500 · Frontier Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3410 A SE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
