Small-Bay Industrial · Kirkland · Seattle-Bellevue metro, WA
One of 141 reachable small-bay industrial buildings in Kirkland. Larger than 99% of small-bay industrial buildings in Kirkland (median 16,368 SF), derived from assessor records.
Usable building area
125,584 SF, King County Assessor
Lot size
311,454 SF, King County Assessor
Year built
1978, King County Assessor
Stories
1, King County Assessor
Predominant use
Industrial/Warehouse, King County Assessor
Assessed value
$34,406,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$273.97/SF, derived from assessor records
Usable area / lot
0.4, derived from assessor records
Vintage
1970s vintage
Zoning
TL 10D, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $45.7M (estimated market value), with a likely range of $37.5M to $51.7M (half of recent verified sales in this segment landed inside that range). Based on 5 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 3.4 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 53% above the $238.20/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-02-23: $33,750,000 from Cogswell Limited Partnership to Terreno Kirkland 117 LLC, rec.
1992-07-01: transfer from Hillcrest Corp to Cogswell LTD Partnership (non-market transfer), rec. 199207011133
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $10,208,100 (2011) to $34,406,700 (2026), up 237% over 15 years, per county tax rolls. The 2026 roll splits $34,406,700 into $18,687,200 land and $15,719,500 improvements.
Zoning: TL 10D (per King County)
Lot: 311,454 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 103,199 SF; Warehouse Office 16,806 SF (county building sections)