$599,000
Est. $3,246/moPrice reduced $51,000 from the original $650,000 asking price
1721 W Valley Highway #5, Auburn, WA 98001
• Listed Jun 3, 2026•123 days active · 123 cumulative
Listing Broker: Heaton Dainard, LLC; Dan M Drew; 206-228-8843; dandrew@heatondainard.com
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Listing Broker: Heaton Dainard, LLC; Dan M Drew; 206-228-8843; dandrew@heatondainard.com
About this home
Rare opportunity to own a versatile commercial condo in Auburn’s highly desirable Valley industrial corridor. Located at 1721 W Valley Hwy N, Unit #5, this approximately 2,160 SF industrial/flex space offers exceptional functionality, accessibility, and visibility for owner-users or investors alike. Ideally positioned with quick access to Hwy 167, SR-18, I-5, the Kent Valley, and the greater Seattle-Tacoma distribution network, the property is well suited for light industrial, warehouse, contractor, service, manufacturing, showroom, or flex-office uses.The well-maintained unit features approximately 1,300 SF of warehouse/manufacturing/storage space and 860 SF of office area, providing an efficient balance of operational and administrative functionality. Key features include a 12-foot grade-level loading door, 16-foot clear ceilings, and flexible open space designed to accommodate a variety of business needs. Located within a professionally managed industrial complex, the property benefits from M-1 zoning, strong surrounding industrial demand, and limited owner-user inventory.Position your business in the heart of one of South King County’s most active industrial markets. Whether expanding operations, establishing a headquarters, or securing a strategic investment, this property offers long-term value, operational convenience, and excellent regional connectivity in a premier Auburn location.
Listed by Dan M Drew • Heaton Dainard, LLC
Listing updated: October 20, 2026 at 09:39pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2534128
Around this home
How much should you offer?
1721 W Valley Highway #5, Auburn, WA 98001
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Warehouse
Flooring
- Concrete
- Vinyl Plank
- Carpet
Heating & cooling
- Forced Air heating
- Central Air cooling
Schools
Ratings via SchoolDigger- Evergreen Heights ElementaryPublic · Grades PK-5 · 0.7 mi · State rank 446 of 1,1386/10
- Kilo Middle SchoolPublic · Grades 6-8 · 1.3 mi · State rank 317 of 5144/10
- Auburn Opportunity ProjectPublic · Grades 9-12 · 1.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 2,160 sq ft
- Office square feet
- 850 sq ft
- Loading
- 10'-15' Doors,1-3 Bays
- Year built
- 1986
- Environmental survey
- Yes
Parking & site
- Parking spaces
- 2
- Uncovered parking
- 2
- Acres
- 0.97 acres
- Lot square feet
- 42,107 sq ft
- Zoning jurisdiction
- City
Taxes & terms
- Annual taxes
- $6,879
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1721 W Valley Highway #5
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 21, 2026Price reducedNWMLS via MLS Grid · #2534128$599,000
- Jun 3, 2026ListedNWMLS via MLS Grid · #2534128$650,000
- Jun 29, 2023Recorded saleKing County recorder · Warranty deed$650,000
- Aug 26, 2008Recorded saleKing County recorder · Statutory warranty deed$375,000
Down payment assistance
6 programs may be available to provide you with up to $29,950 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$4,545 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Heaton Dainard, LLC; Dan M Drew; 206-228-8843; dandrew@heatondainard.com
Market pulse
Auburn is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 60 days.
Recent sales nearby
Within 1 mile · last 6 months$895,000 Sold
1 week ago
4 bd•2.75 ba•~3,341 sq ft•Single Family
6651 S 298th Place, Auburn, WA 98001
6%
Under list
87
Days on market
0.7 mi
Distance
$625,000 Sold
2 weeks ago
3 bd•2.5 ba•~2,014 sq ft•Single Family
29530 S 63rd Court, Auburn, WA 98001
2%
Over list
32
Days on market
0.9 mi
Distance
$660,000 Sold
2 weeks ago
4 bd•2.5 ba•~2,650 sq ft•Single Family
29939 56th Place S, Auburn, WA 98001
2%
Over list
56
Days on market
0.9 mi
Distance
$675,000 Sold
3 weeks ago
3 bd•2.25 ba•~1,730 sq ft•Single Family
2401 T Street NW, Auburn, WA 98001
1%
Under list
31
Days on market
0.4 mi
Distance
$599,950 Sold
2 months ago
4 bd•2 ba•~2,080 sq ft•Single Family
2412 U Street NW, Auburn, WA 98001
0%
Over list
47
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 10:58 AM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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