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
67,677 SF, King County Assessor
Lot size
111,350 SF, King County Assessor
Year built
2018, King County Assessor
Stories
5, King County Assessor
Predominant use
Hotel/Motel, King County Assessor
Assessed value
$20,669,100, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$305.41/SF, derived from assessor records
Usable area / lot
0.61, derived from assessor records
Vintage
2010s vintage
Zoning
C3, King County
County use code
Hotel/Motel
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $20.7M (estimated market value), with a likely range of $17.2M to $24.9M (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: 0 comparable sales within 3 miles; nearest 5.6 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $23,510,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 64% above the $186.85/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: 2022-03-17 for $23,510,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-03-17: $23,510,000 from LC & L Daebak INC +Palma Investment CO LLC to Joajoa INC, rec. 20220318001671
2019-09-26: $8,640,000 from LC & L Daebak INC to Palma Investment CO LLC+LC & L Daebk INC, rec. 20190930000816
2019-09-16: transfer from LC & L Daebak INC to City of Auburn (non-market transfer), rec.
2016-03-31: $775,000 from Private party to LC & L Daebak INC (part of a 2-parcel sale; price is the whole deal), rec. 20160401001115
1994-04-28: transfer from Private party to City of Auburn (non-market transfer), rec. 199406141583
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 $243,700 (2011) to $20,669,100 (2026), up 8381% over 15 years, per county tax rolls. The 2026 roll splits $20,669,100 into $3,006,400 land and $17,662,700 improvements.
Zoning: C3 (per King County)
Lot: 111,350 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Hotel, Limited Service Midscale 67,677 SF (county building sections)