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Property profile & analytics
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
Price N/A
2008
Price N/A
2004
$206,461
2004
$131,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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