1115 S Elizabeth St, Seattle, WA 98108

Small-Bay Industrial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: industrial flex, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 1,229 reachable small-bay industrial buildings in Seattle. Larger than 36% of small-bay industrial buildings in Seattle (median 14,469 SF), derived from assessor records.

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Building size: 10,276 SF, King County Assessor
Lot size: 10,440 SF, King County Assessor
Year built: 1945, King County Assessor
Stories: 2, King County Assessor
Buildings on parcel: 2, King County Assessor
Predominant use: Garage Svc, King County Assessor
Assessed value: $1,764,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $171.68/SF, derived from assessor records
Lot coverage: 98%, derived from assessor records
Vintage: 1940s vintage
Zoning: UI U/65, King County
County use code: Service Building
Construction (observed): metal, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

6276 Ellis Ave S, Seattle · 0.1 mi · 18,000 SF · built 1967 · assessed $241.11/SF
1136 S Albro Pl, Seattle · 0.1 mi · 29,521 SF · built 1963 · assessed $319.39/SF
6250 Ellis Ave S, Seattle · 0.1 mi · 18,054 SF · built 1977 · assessed $237.80/SF
1225 S Angelo St, Seattle · 0.2 mi · 6,710 SF · built 1920 · assessed $120.63/SF
6263 Ellis Ave S, Seattle · 0.2 mi · 3,880 SF · built 1987 · assessed $276.39/SF
6401 Carleton Ave S, Seattle · 0.2 mi · 12,448 SF · built 1921 · assessed $194.63/SF

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Sale history and market context

MakeMe Estimate: $2,667,812 (estimated market value), with a likely range of $2,062,015 to $2,694,490 (half of recent verified sales in this segment landed inside that range). Based on 81 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2006-12-19 for $925,000 (recorded arm's-length sale).

Current ownership dates to 2006 (about 20 years) per recorded transfers.

2006-12-19: $925,000 from Seattle Air Corporation to Elizabeth Street Project LLC, rec. 20061222001451

2001-09-05: $300,000 from Private party to Seattle Air Corporation (non-market transfer), rec. 20010906001277

1994-08-29: transfer from Private party to Private party (non-market transfer), rec. 199409191300

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

Value over time

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 $822,000 (2011) to $1,764,200 (2026), up 115% over 15 years, per county tax rolls. The 2026 roll splits $1,764,200 into $522,000 land and $1,242,200 improvements.

Zoning: UI U/65 (per King County)

Lot: 10,440 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Garage, Service Repair 5,868 SF; Office Building 1,482 SF; Storage Warehouse 1,482 SF; Apartment 1,444 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)