2104-2216 A St SE - Industrial LAND FOR SALE


Auburn, WA 98002- South Auburn205,168 SF
$9,900,000 USD
253-395-5125
2104-2216 A St SE, Auburn, WA for Sale
$9,900,000 USD
Industrial LAND - FOR SALE
1/5
205,168 SF

2104-2216 A St SE
Auburn, WA 98002
South Auburn


HIGHLIGHTS

  • Potential to purchase with income in place or vacant ready for a user.
  • Property is easily divided for multiple tenants and uses.
  • Mix of paved and gravel surface.
  • Heavier industrial use grandfathered for mid-section of the property

OVERVIEW

Introducing a large land opportunity in South Auburn located just blocks from Hwy 18 and spanning an entire block along A St SE. The underlying Heavy Commercial C-3 Zoning of the property permits a wide range of users including outdoor retail/wholesale, dealerships, service providers, limited outdoor storage and fabrication, and more. Auburn’s business friendly environment and significant growth over the last business cycle have created an excellent labor pool and improving demographics to support a wide array of possible uses for the site, though it is entirely functional in its present form to continue as a mix of contractor yards, automotive sales, and mixed residential use. The site is partially owner-occupied by AC Moate Industries, a regional paving company. The remainder of the site is occupied by two residences, and several other smaller businesses using portions of the site for outside storage, vehicle parking, and sales activities. The Seller can deliver the site vacant, or remain on site for a leaseback for up to 1 year. This property lies in a federally designated Opportunity Zone, qualifying investors for significant capital gains tax deferral and potential tax-free appreciation if held for 10+ years through a Qualified Opportunity fund (QOF). This overlay increases the ROI for real estate developers and offers a 10 year tax free exit and a great alternative to a 1031 exchange offering a longer run way and step up basis potential.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/ACRE

$2,101,907/AC

PRICE/SF

$48 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

AC Moate Auburn Yard

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Auto Repair, Contractor Storage Yard

LAND ACRES

4.71 AC

LAND SF

205,168 SF

OFFSITE IMPROVEMENTS

-

ZONING

C-3

APN/PARCEL ID

869520-0026,869520-0027,869520-0028,869520-0029,869520-0035,869520-0040,869520-0045,869520-0057

ASK ABOUT THIS PROPERTY

Fletcher FarrarNeil Walter CompanyMore Info
253-395-5125

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Fletcher FarrarNeil Walter CompanyMore Info
253-395-5125

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.