11840 NE 112th St, Kirkland, WA 98033

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

One of 141 reachable small-bay industrial buildings in Kirkland. Larger than 98% of small-bay industrial buildings in Kirkland (median 16,368 SF), derived from assessor records.

Usable building area
103,990 SF, King County Assessor
County gross area
108,990 SF, King County Assessor
Excluded area
5,000 SF outside primary usable area
Lot size
302,438 SF, King County Assessor
Year built
1962, King County Assessor
Stories
1, King County Assessor
Buildings on parcel
2, King County Assessor
Predominant use
Industrial, King County Assessor
Assessed value
$21,733,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$209/SF, derived from assessor records
Usable area / lot
0.34, derived from assessor records
Vintage
1960s vintage
Zoning
TL 10D, King County
County use code
Industrial(Gen Purpose)

Nearby comparable buildings

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

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Sale history and market context

MakeMe Estimate: $34.6M (estimated market value), with a likely range of $25M to $42.9M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.

lower confidence: 1 comparable sale within 3 miles; nearest 2.5 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

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: 2016-05-23 for $11,150,000 (recorded arm's-length sale).

Current ownership dates to 2016 (about 10 years) per recorded transfers.

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

Value over time

$0$20M$40M$60M201120142017202020232026Last sold $11.2M · 2016$34.6M$21.7MCounty assessed valueMakeMe Estimate rangeRecorded sale

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 $7,958,200 (2011) to $21,733,700 (2026), up 173% over 15 years, per county tax rolls. The 2026 roll splits $21,733,700 into $18,146,200 land and $3,587,500 improvements.

Taxes

Permit history

Source: King County permit records (newest first).