Small-Bay Industrial · Kirkland · Seattle-Bellevue metro, WA
One of 141 reachable small-bay industrial buildings in Kirkland. Larger than 69% of small-bay industrial buildings in Kirkland (median 16,368 SF), derived from assessor records.
Usable building area
24,815 SF, King County Assessor
Lot size
77,808 SF, King County Assessor
Year built
1997, King County Assessor
Stories
2, King County Assessor
Predominant use
Storage Warehouse, King County Assessor
Assessed value
$7,687,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$309.80/SF, derived from assessor records
Usable area / lot
0.32, derived from assessor records
Vintage
1990s vintage
Zoning
TL 10E, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $8.84M (estimated market value), with a likely range of $8.05M to $11.1M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 1.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $8,850,000 in 2025; the estimate is about 0% apart. Treat the recorded trade as strong evidence alongside the model.
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.
Last sold: 2025-10-23 for $8,850,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-10-23: $8,850,000 from 11011 Kirkland LP to Parmac Investment LLC +MRM Everett LLC, rec. 20251023000892
2021-03-28: $8,280,000 from LHV Properties LLC to Nicola 11011 Kirkland LP, rec. 20210331001300
2011-12-16: $7,006,700 from Vander Hoek Corporation to LHV Properties LLC (part of a 2-parcel sale; price is the whole deal), rec.
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. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $2,663,500 (2011) to $7,687,700 (2026), up 189% over 15 years, per county tax rolls. The 2026 roll splits $7,687,700 into $5,446,500 land and $2,241,200 improvements.
Zoning: TL 10E (per King County)
Lot: 77,808 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 17,121 SF; Warehouse Office 7,694 SF (county building sections)