701 2nd St NW, Auburn, WA 98001

Small-Bay Industrial · Auburn · Seattle-Bellevue metro, WA

Imagery suggests: industrial warehouse. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 426 reachable small-bay industrial buildings in Auburn. Larger than 69% of small-bay industrial buildings in Auburn (median 18,750 SF), derived from assessor records.

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Building size: 34,622 SF, King County Assessor
Lot size: 213,480 SF, King County Assessor
Year built: 2005, King County Assessor
Stories: 1, King County Assessor
Buildings on parcel: 3, King County Assessor
Predominant use: Processing Bldg, King County Assessor
Assessed value: $5,418,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $156.50/SF, derived from assessor records
Lot coverage: 16%, derived from assessor records
Vintage: 2000s vintage
Zoning: C2, King County
County use code: Industrial(Gen Purpose)
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

204 H St NW, Auburn · 0 mi · 43,800 SF · built 1980 · assessed $135.62/SF
221 H St NW, Auburn · 0.1 mi · 15,000 SF · built 1957 · assessed $133.83/SF
615 2nd St NW, Auburn · 0.1 mi · 17,067 SF · built 1961 · assessed $102.52/SF
401 C St NW, Auburn · 0.1 mi · 110,493 SF · built 1991 · assessed $99.81/SF
706 2nd St NW, Auburn · 0.1 mi · 11,692 SF · built 1996 · assessed $164.79/SF
233 D St NW, Auburn · 0.1 mi · 34,425 SF · built 1957 · assessed $122.29/SF

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Sale history and market context

MakeMe Estimate: $11,034,167 (estimated market value), with a likely range of $7,748,650 to $12,220,351 (half of recent verified sales in this segment landed inside that range). Based on 86 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 1999-04-16 for $2,000,000 (recorded arm's-length sale).

Current ownership dates to 1999 (about 27 years) per recorded transfers.

1999-04-16: $2,000,000 from Private party to R.S.T. Disposal CO INC, rec. 199904161229

1999-04-16: transfer from Resource Properties LTD to Private party (non-market transfer), rec. 199904161227

1994-01-21: $1,942,353 from Private party to Lake Union Air Service INC, rec. 199401261368

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $2,624,700 (2011) to $5,418,300 (2026), up 106% over 15 years, per county tax rolls. The 2026 roll splits $5,418,300 into $3,629,100 land and $1,789,200 improvements.

Zoning: C2 (per King County)

Lot: 213,480 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Storage Warehouse 15,000 SF; Industrial Light Manufacturing 14,098 SF; Office Building 3,024 SF; Warehouse Office 2,500 SF (county building sections)

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

Permit history

2024-02-07: Building, New, declared value $1,400,000 (Complete), permit BLD23-0180

2023-11-13: Other (Complete), permit GRA23-0031

2018-06-18: Building, New (Screened), permit EXC18-0220

2018-05-17: Building, New (Screened), permit EXC18-0167

2018-03-06: Other, declared value $133,000 (Screened), permit TEN18-0055

2017-12-05: Building, New (Screened), permit EXC17-0370

2016-03-02: Other, declared value $121,000 (Screened), permit TEN16-0005

2015-07-27: Remodel, declared value $150,000 (Screened), permit ALT15-0135

2015-06-23: Other (Screened), permit MEC15-0179

2015-06-08: Remodel, declared value $3,700 (Screened), permit ALT15-0101

Source: King County permit records (newest first).