Technical
Financial
Distress signals
Property profile

502 Boundary Blvd Auburn, WA 98001

OFF-MARKET
Refrigerated & Cold Storage
Property ID
US90-0074599
46,871 SF 2.53 ac lot Built 1990
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Refrigerated & Cold Storage
Use group COLD STORAGE
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 46,871 SF
Lot 2.53 ac (110,187 SF)
Zoning code M-1
APN 030151-0060
UPID US90-0074599

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Corporate Office
  • Corporate Office Business Park

Location

502 Boundary Blvd Auburn, WA 98001-6503
Auburn metro Census 30901 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$5.93M

Owner & transaction history

since 2017
7 recorded transactions
2024
Price N/A
2021
Price N/A
2021
Price N/A
2017
$9.0M
2004
Price N/A
2004
$4.2M
2002
Price N/A

Zoning & alternative use

M-1 · Auburn, WA
Zoning description

M-1, Light Industrial Zone. The intent of the M-1 light industrial zone is to accommodate a variety of industrial, manufacturing, commercial, and limited residential uses in an industrial environment, and to preserve lan…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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