10020 Martin Luther King Jr Way S, Seattle, WA 98178

NNN Industrial · Seattle · 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 AI estimate from public imagery; may be outdated.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 42 reachable nnn industrial buildings in Seattle. Larger than 55% of nnn industrial buildings in Seattle (median 87,332 SF), derived from assessor records.

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Building size
95,800 SF, King County Assessor
Lot size
200,717 SF, King County Assessor
Year built
1988, King County Assessor
Stories
2, King County Assessor
Buildings on parcel
8, King County Assessor
Predominant use
Mini Storage Bldg D, King County Assessor
Assessed value
$12,445,400, per the King County Assessor (not a market appraisal)
Assessed value per building SF
$129.91/SF, derived from assessor records
Lot coverage
48%, derived from assessor records
Vintage
1980s vintage
Zoning
MML U/65, King County
County use code
Mini Warehouse
Parking (observed)
surface lot, AI estimate from public imagery
Frontage (observed)
interior, AI estimate from public imagery

Nearby comparable buildings

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

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Sale history and market context

MakeMe Estimate: $13,753,213 (estimated market value), with a likely range of $11,070,139 to $15,905,049 (half of recent verified sales in this segment landed inside that range). Based on 22 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 1991 (about 35 years) per recorded transfers.

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

Value over time

$8.06M$16.1M$24.2M$32.3M201120142017202020232026County appraised valueEstimated value (modeled range)

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 $5,233,700 (2011) to $12,445,400 (2026), up 138% over 15 years, per county tax rolls. The 2026 roll splits $12,445,400 into $7,025,000 land and $5,420,400 improvements.

Taxes

Permit history

Source: King County permit records (newest first).