This is a land and infrastructure play on Auburn’s SR-167 freight corridor, one of the Pacific Northwest’s primary industrial arterials. The 0.20-acre parcel carries Commercial / Light Industrial zoning, three-sided vehicle access including large truck delivery capacity, a high-clearance three-bay garage operational today, and a small loading dock. Annual taxes of $3,160 on a $550,000 ask reflect a King County assessment of $250,200, the gap between assessed and ask represents real upside for a buyer who understands this corridor. Comparable C/LI zoned parcels with equivalent SR-167 corridor access in Renton trade at a significant premium. Auburn’s completed Environmental Impact Statement eliminates additional SEPA review, and city development fees have been frozen since 2009. The building is an additional asset, offered as-is. More info in supplements.
