1316 Outlet Collection Way SW, Auburn, WA 98001

Retail · Auburn · Seattle-Bellevue metro, WA

One of 281 reachable retail buildings in Auburn. Larger than 51% of retail buildings in Auburn (median 5,000 SF), derived from assessor records.

Usable building area: 5,055 SF, King County Assessor
Lot size: 39,610 SF, King County Assessor
Year built: 1996, King County Assessor
Stories: 1, King County Assessor
Predominant use: Restaurant, King County Assessor
Assessed value: $1,476,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF: $292.13/SF, derived from assessor records
Usable area / lot: 0.13, derived from assessor records
Vintage: 1990s vintage
Zoning: C3, King County
County use code: Restaurant/Lounge

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1304 Outlet Collection Way SW, Auburn · 0 mi · 5,860 SF · built 2003 · assessed $747.92/SF
1402 Outlet Collection Way SW, Auburn · 0.1 mi · 7,810 SF · built 1996 · assessed $420.04/SF
1424 Outlet Collection Way SW, Auburn · 0.1 mi · 7,280 SF · built 1996 · assessed $379.16/SF
1202 Outlet Collection Way SW, Auburn · 0.1 mi · 9,246 SF · built 2004 · assessed $364.31/SF
1520 Outlet Collection Way SW, Auburn · 0.1 mi · 3,330 SF · built 1996 · assessed $667.21/SF
1118 Outlet Collection Way SW, Auburn · 0.1 mi · 9,246 SF · built 2004 · assessed $364.31/SF

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Sale history and market context

MakeMe Estimate: $1.63M (estimated market value), with a likely range of $1.32M to $1.88M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.

lower confidence: 6 comparable sales within 3 miles; nearest 1.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 98% above the $162.83/SF median of the shown comparable sales.

Market context: Retail in Auburn

median verified sale $315.13/SF over the trailing 24 months; 8 sales in the last 12 months and 13 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.67x to 2.75x their county assessed value, median 1.34x (12 sales with usable county values).

2022: $447.96/SF median (6 sales)
2023: $394.71/SF median (9 sales)
2024: $510.60/SF median (4 sales)
2025: $397.48/SF median (6 sales)

This estimate sits at 1.10x county assessed value, the 42nd percentile of those recent sale premiums.

Computed from 287 verified arm's-length sales in King County public records (13 in the trailing 24 months). Free public records. Not an appraisal.

Last sold: 2001-12-20 for $650,000 (recorded arm's-length sale).

Current ownership dates to 2001 (about 25 years) per recorded transfers.

2001-12-20: $650,000 from Swedish Builder INC the to Evergreen Investments of Washington LLC, rec. 20011231003200

1999-06-25: $3,369,449 from Private party to Swedish Builder INC the (non-market transfer), rec. 19990625002157

1996-03-27: $1,100,000 from Private party to 3 Monkeys INC the, rec. 199603271822

1994: transferred to Quadrant Corporation the, no consideration (3 recorded transfers, 1994 to 1994)

1993-10-21: $2,241,000 from Hapsmith-Properties IV to Private party (part of a 3-parcel sale; price is the whole deal), rec. 199310252360

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 $1,286,900 (2011) to $1,476,700 (2026), up 15% over 15 years, per county tax rolls. The 2026 roll splits $1,476,700 into $1,109,000 land and $367,700 improvements.

Zoning: C3 (per King County)

Lot: 39,610 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Restaurant, Table Service 5,055 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

1316 Outlet Collection Way SW, Auburn, WA 98001

Nearby comparable buildings

Claim privately

Sale history and market context

Comparable sales used as evidence

Market context: Retail in Auburn

Value over time

Land, site, and value history

Taxes

Permit history