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34049 Military Rd S, Auburn, WA, 98001

--beds
--baths
--sqft
$1,100,000
--price/sqft
$6,640/moest. monthly cost
$265,600/yrincome needed

About This Home

Prime corner lot on Military Rd. in Auburn with excellent visibility and high traffic count. Zoned NB (Neighborhood Business), this property offers diverse commercial and development opportunities. The site includes an espresso stand (currently generating up to $30K a month in income) and a former auto retail shop building, providing multiple flexible use options. Ideal for businesses seeking a strategic location with easy access to major highways. This is a chance to capitalize on a versatile property in a high-demand area.

Getting Around

16
WalkingCar-Dependent
16
TransitMinimal Transit
19
BikeSomewhat Bikeable

Schools

4/10
4/10
Sequoyah Middle SchoolGrades 6-81.4 mi
3/10
Todd Beamer High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1967

Type & Style

  • Home type: SingleFamily

Property

Lot

  • Lot size: 0.39 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$233$2,796
Property Taxes $696$8,352
Electricity $149$1,793
Total$6,640$79,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,657/yr
40% on housing$199,200/yr
45% on housing$177,066/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 98001$279
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98001$305
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-21Listed for sale$1,100,000
2025-08-06Listing removed$1,200,000
2025-07-13Price change$1,200,000
2025-01-23Price change$1,300,000
2024-11-14Price change$1,500,000
2024-09-05Listed for sale$1,700,000
2019-04-11Listing removed$2,700
2018-11-05Listed for rent$2,700
2018-05-03Listing removed$2,700
2017-12-21Listed for rent$2,700

For Sale by Agent

AgentRobert Laing
BrokerageEngel & Völkers Seattle Downtown

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