Auburn Gateway

5000 Auburn Way North, Auburn, WA 98002

Property Information

  • For Sale $22,000,000
  • Property Type VacantLand
  • Property Size 981,406.8 SF
  • Lot Size 22.53 Acre
  • Date Updated Apr 21, 2026

Description

Price $22,000,000

Size 22.53 Usable acres

Development Status: Fully Entitled / Ready-to-Develop Commercial Site

Allowable Building Area: Pre-Approved for Up to 279,000 Sf of Buildable Area 

Site Improvements: Streets, Utilities, and New Traffic Lights (off S 277th St @ I St NE, Off Auburn

Way N @ 49th St NE) Completed Fall 2021

Site work: Completed to Level - Fall 2021

Street frontage: 1,650 LF on S 277th St; 560 LF on Auburn Way N; 400 LF on 49th St NE ; 750 LF on I

Street NE; 850 LF on D Street NE

Traffic counts: +/-31,000 vehicles per day along S 277th St and +/-25,000 vehicles per day along

Auburn Way N [2019]

Location: Situated Directly on Border between Auburn and Kent (S 277th St delineates)

Public amenity: ‘The Heart’ (123,648 sf Amphitheater /Community Space ) Completed Fall 2021

(note: not included in 22.53 acres)

Zoning C-4

Overview 

A rare entitled and ready-to-develop property situated dead center between the burgeoning

suburban cities of Kent and Auburn, Washington, AUBURN GATEWAY presents a unique commercial

development opportunity. Wet and dry utilities are to the property, and all roads and new traffic

lights are complete. Site work is underway for a level / flat property by fall 2021, and an adjacent 2.84

acre public amenity amphitheater / community space (The Heart), also to be completed fall 2021. 

The property enjoys tremendous visibility, accessibility and frontage along both S 277th (one of the

primary access corridors to the fast-growing East Hill / Lea Hill residential communities) and Auburn

Way N (the primary access corridors between Kent and Auburn’s commercial centers). The new

Copper Gate Apartments, immediately adjacent to the south, brings an additional 500 multifamily

units (housing almost 1,400 new residents) next door. 

Contacts

Jordan Springer

SRE Commercial

Tyler Springer

SRE Commercial

Matt Bohner

SRE Commercial

Location

Located at 5000 Auburn Way North, Auburn, WA 98002, this property is part of the North Auburn neighborhood and Seattle market.

Contact Auburn Gateway
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