11306 Lake City Way NE, Seattle, WA 98125

NNN Retail · Seattle · Seattle-Bellevue metro, WA

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 72% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 9,433 SF, King County Assessor
Lot size: 7,500 SF, King County Assessor
Year built: 1935, King County Assessor
Stories: 1, King County Assessor
Predominant use: Retail, King County Assessor
Assessed value: $1,970,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $208.87/SF, derived from assessor records
Lot coverage: 126%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3-55 (M), King County
County use code: Retail Store
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

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

11502 Lake City Way NE, Seattle · 0.1 mi · 7,178 SF · built 1948 · assessed $254.89/SF
10722 Lake City Way NE, Seattle · 0.2 mi · 3,982 SF · built 1940 · assessed $158.44/SF
11550 Lake City Way NE, Seattle · 0.2 mi · 35,115 SF · built 1955 · assessed $241.36/SF
11701 Lake City Way NE, Seattle · 0.3 mi · 2,096 SF · built 2015 · assessed $1,850/SF
11750 Lake City Way NE, Seattle · 0.4 mi · 1,491 SF · built 1965 · assessed $701.68/SF
10224 Fischer Pl NE, Seattle · 0.5 mi · 5,065 SF · built 1929 · assessed $295.54/SF

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Sale history and market context

MakeMe Estimate: $2,527,128 (estimated market value), with a likely range of $2,111,165 to $2,863,212 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2021-10-18 for $2,150,000 (recorded arm's-length sale).

Current ownership dates to 2021 (about 5 years) per recorded transfers.

2021-10-18: $2,150,000 from Kennelly Properties LLC to Capitol Hill Holdings LLC, rec. 20211112001852

2016-01-20: $1,349,750 from Lake City Way Investments LLC to Kennelly Properties LLC, rec. 20160125000480

2006-06-26: $985,000 from Private party to Lake City Investments LLC, rec. 20060628000974

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 $1,102,700 (2011) to $1,970,300 (2026), up 79% over 15 years, per county tax rolls. The 2026 roll splits $1,970,300 into $900,000 land and $1,070,300 improvements.

Zoning: NC3-55 (M) (per King County)

Lot: 7,500 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Dispensary 5,235 SF; Basement, Storage 4,198 SF (county building sections)

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