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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Office buildings
5148 Auburn N Way Auburn, WA 98002-1367
Individually Owned
22-yr Hold
Free & Clear
Property ID
US90-1026064
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
FRAME
Total area
4,760 SF
Lot
0.68 ac (29,447 SF)
Zoning code
C3
APN
936000-0199
UPID
US90-1026064
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
-
Chevron Auburn Way Gas Station
-
Lune To Go Take-out & Catering Cafe & Coffee Shop
-
Chevron Grocery & Convenience Store
-
Qiu Spa Massage Alternative Medicine Practice Spa & Massage Center
-
Bitcoin ATM Now Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$959k
Blend (final)
Blend
$880k
Owner & transaction history
Denise M Wilson · 22 yrs held
Denise M Wilson
since 2003
7 recorded transactions
Zoning & alternative use
C3 · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+20.1%
Retail stores
$1.3M
+18.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,085,000
Current use
WAREHOUSE, STORAGE
$1,305,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$1,295,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
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
$185 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,288
Tax year 2024
Assessed value
$865,200
Assessed 2023
Previous assessed
$865,200
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$294,400
Assessed improvement
$570,800
Land market value
$294,400
Improvement market value
$570,800
Total market value
$865,200
Applied tax rate
150.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
ELECTRIC
Cooling
CENTRAL
Stories
2
Total area
4,760 SF
Lot
0.68 ac (29,447 SF)
Zoning code
C3
APN
936000-0199
UPID
US90-1026064
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
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
1985
Construction
FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Denise M Wilson
Individual
Free & Clear · 22 yrs held
Mailing address
5148 AUBURN WAY N, AUBURN, WA 98002-1367
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
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
Apr 21, 2026
—
3 Kings Development Group INC
—
Deed
related
$1,447,900 · U S Small Business Admini
Nov 17, 2003
—
Denise M Wilson
Wilson,wayne A
Quit Claim Deed
related
—
Feb 5, 2001
$13,000
Auburn City (wa)
Wilson,wayne A & Denise M
Grant Deed
—
Aug 27, 1999
$700,000
Wayne A Wilson
Segur,richard H
Grant Deed
—
—
—
Wayne A Wilson
—
Deed Of Trust
related
$707,000 · Borrego Springs Bank
—
—
Wayne A Wilson
—
Deed Of Trust
related
$775,000 · Sterling Savings Bank
—
—
Wayne A Wilson
—
Deed Of Trust
related
$1,200,000 · Sterling Savings 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.
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