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    FOR SALE
    Auto shops

    521 S Fir Ave, Deer Park, WA 99006

    6,364 SF 0.92 ac lot Built 1986
    Individually Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US90-0908148
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a meticulously maintained, owner-user industrial property located at 521 S Fir Ave, Deer Park, WA 99006. This 7,000± square foot building, situated on a 0.92± acre lot (40,229± SF), seamlessly blends warehouse and office space. Built in 1986 and renovated in 2009, the property boasts a main level of 6,364± square feet and a 636± square foot second floor. The office area features two executive offices with built-in desks and drawers, two standard offices, two conference rooms, a built-in reception desk, and three restrooms (two ADA compliant, one standard with a shower). A convenient kitchenette and multiple work rooms add to the functionality. The warehouse space is served by five overhead doors of varying sizes (10'x10', 10'x11', 10'x6', 9'x8', and 9'x9.5'). Security features include an alarm system and security cameras. The property also includes a fenced yard of approximately 12,000 square feet and eleven paved and striped parking spaces (including one ADA compliant space). The property is offered as an Absolute NNN lease, currently vacant, and is listed at $1,295,000. APN: 28034.1156. This is an ideal property for a business seeking a combination of office and warehouse space in a secure and well-maintained setting.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1986
    Total area 6,364 SF
    Lot 0.92 ac (40,229 SF)
    APN 28034.1156
    UPID US90-0908148
    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
    by Request
    Comparable Approach Comparable
    $634k
    Blend (final) Blend
    $705k
    Owner & transaction history
    Mark C Lundgren · 17 yrs held
    Mark C Lundgren
    since 2008
    6 recorded transactions
    2008
    $240,000
    2008
    2008
    2004
    $206,461
    2004
    $131,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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