1137 NW 54th St, Seattle, WA 98107

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

Imagery suggests: small-bay industrial, appears multi-tenant. 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 AI estimate from public imagery; may be outdated.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 1,229 reachable small-bay industrial buildings in Seattle. Larger than 31% of small-bay industrial buildings in Seattle (median 14,469 SF), derived from assessor records.

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Building size: 8,924 SF, King County Assessor
Lot size: 9,767 SF, King County Assessor
Year built: 1956, King County Assessor
Stories: 1, King County Assessor
Buildings on parcel: 2, King County Assessor
Predominant use: Storage Warehouse, King County Assessor
Assessed value: $2,168,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $242.96/SF, derived from assessor records
Lot coverage: 91%, derived from assessor records
Vintage: 1950s vintage
Zoning: II U/125, King County
County use code: Warehouse
Construction (observed): masonry, 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.

1117 NW 54th St, Seattle · 0 mi · 4,537 SF · built 1994 · assessed $255.83/SF
1130 NW 53rd St, Seattle · 0 mi · 15,286 SF · built 1925 · assessed $247.38/SF
1126 NW 53rd St, Seattle · 0 mi · 7,660 SF · built 1984 · assessed $240.12/SF
1127 NW 54th St, Seattle · 0 mi · 8,619 SF · built 1996 · assessed $242.96/SF
1144 NW 53rd St, Seattle · 0 mi · 43,352 SF · built 1926 · assessed $191.23/SF
1108 NW 52nd St, Seattle · 0 mi · 6,714 SF · built 2004 · assessed $265.45/SF

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Sale history and market context

MakeMe Estimate: $2,972,007 (estimated market value), with a likely range of $2,562,843 to $3,315,677 (half of recent verified sales in this segment landed inside that range). Based on 96 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2018-06-22 for $1,957,436 (recorded arm's-length sale).

Current ownership dates to 2018 (about 8 years) per recorded transfers.

2018-06-22: $1,957,436 from JFFT Real Estate INC to Acme WMR 1137 NW 54th LLC, rec. 20180626000418

1994-06-02: transfer from Private party to JFFT Real Estate INC (part of a 3-parcel sale; price is the whole deal), rec. 199406071043

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 $653,600 (2011) to $2,168,200 (2026), up 232% over 15 years, per county tax rolls. The 2026 roll splits $2,168,200 into $1,611,500 land and $556,700 improvements.

Zoning: II U/125 (per King County)

Lot: 9,767 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Storage Warehouse 8,924 SF (county building sections)

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