One of 197 reachable commercial buildings in Auburn. Larger than 74% of commercial buildings in Auburn (median 21,916 SF), derived from assessor records.
Usable building area
68,790 SF, King County Assessor
Lot size
434,493 SF, King County Assessor
Year built
1997, King County Assessor
Stories
1, King County Assessor
Predominant use
Movie Theater, King County Assessor
Assessed value
$20,175,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$293.30/SF, derived from assessor records
Usable area / lot
0.16, derived from assessor records
Vintage
1990s vintage
Zoning
C3, King County
County use code
Movie Theater
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $17.5M (estimated market value), with a likely range of $14.5M to $21.1M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is well above (more than double apart from) the $123.21/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Commercial in Auburn
median verified sale $263.45/SF over the trailing 24 months; 5 sales in the last 12 months and 8 in 24 (newest verified sale 2025-12).
2021: $325.35/SF median (4 sales)
2025: $263.45/SF median (4 sales)
Computed from 109 verified arm's-length sales in King County public records (8 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2015-06-19 for $9,400,000 (recorded arm's-length sale).
Current ownership dates to 2015 (about 11 years) per recorded transfers.
2015-06-19: $9,400,000 from Home Electric Company to MRM Auburn LLC, rec. 20150619001143
2009-10-07: $618,495 from Auburn 400 Retail Park Owner's Association to Home Electric Company (part of a 2-parcel sale; price is the whole deal), rec. 20091007001332
2009-10-07: transfer from Wal-Mart Stores INC to Home Electric Company (non-market transfer), rec. 20091007001350
2000-08-18: $4,600,000 from Quadrant Corporation to Home Electric Company, rec. 20000818001852
1998-03-20: $8,500,000 from Regional Services Corp to Quadrant Corporation (part of a 2-parcel sale; price is the whole deal), rec. 199803202444
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $12,384,500 (2011) to $20,175,900 (2026), up 63% over 15 years, per county tax rolls. The 2026 roll splits $20,175,900 into $9,993,300 land and $10,182,600 improvements.
Zoning: C3 (per King County)
Lot: 434,493 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Theater, Cinema 65,952 SF (county building sections)