121 Division StAuburn, WA 98001

  • Healthcare properties
  • 43,399 SF
For Lease

Property Details for 121 Division St

Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.94 AC
Property size (Sq ft)
43,399 SF
Zone code
DUC
Property type
Healthcare properties
Property subtype
Medical offices
APN
049200-0305
APU
492000305

Description

This exceptional medical office space, located at 121 N Division Street in Auburn, Washington, offers a prime opportunity for healthcare professionals seeking a well-appointed and conveniently located practice. The Auburn Regional Medical Plaza, built in 2009, boasts a total of 43,399 square feet and is situated in the heart of King County. Multiple tenancy options are available, with spaces ranging from a minimum of 1,367 square feet to a maximum contiguous space of 2,748 square feet. Currently, there are 4,115 square feet of vacant space ready for immediate occupancy. The building's modern design and prime location provide excellent visibility and accessibility for patients and staff. This is an ideal setting for a variety of medical practices, offering a professional and efficient environment. The property's convenient location in Auburn, WA, 98002, ensures easy access for patients and employees. The building's modern design and amenities create a welcoming and productive atmosphere. This is a rare opportunity to secure high-quality medical office space in a thriving community. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,743,876
    6.5%
    $10,840,501
    7%
    $10,066,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,638,048
    Geo Method
    $8,357,780
  • Alternative Use

    Use
    Valuation
    Residential
    $13,442,221
    Hospitality
    $12,313,002
    Educational
    $10,244,274
    Medical
    $10,596,590
    Retail
    $15,935,537
121 Division St, Auburn, Washington

Location Insight

City
Auburn
County
King
State
Washington
Latitude
47.3088
Longitude
-122.23
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$69,733
$265,000
$4,727,000
$4,992,000
-
$265,000
$4,727,000
$4,992,000

FAQs

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