12131 113th Ave NE, Kirkland, WA 98034

Office · Kirkland · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise office, 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 AI estimate from public imagery; may be outdated.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 146 reachable office buildings in Kirkland. Larger than 92% of office buildings in Kirkland (median 13,229 SF), derived from assessor records.

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Building size: 133,004 SF, King County Assessor
Lot size: 149,703 SF, King County Assessor
Year built: 1998, King County Assessor
Stories: 3, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $23,065,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $173.42/SF, derived from assessor records
Lot coverage: 89%, derived from assessor records
Vintage: 1990s vintage
Zoning: TL 10A, King County
County use code: Office Building
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): structured, AI estimate from public imagery

Nearby comparable buildings

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

11332 NE 122nd Way, Kirkland · 0.1 mi · 66,909 SF · built 1994 · assessed $274.74/SF
11410 NE 122nd Way, Kirkland · 0.1 mi · 78,226 SF · built 1990 · assessed $230.13/SF
11411 NE 124th St, Kirkland · 0.2 mi · 62,016 SF · built 1985 · assessed $241/SF
12330 120th Ave NE, Kirkland · 0.2 mi · 12,157 SF · built 1983 · assessed $217.27/SF
12504 116th Ave NE, Kirkland · 0.3 mi · 3,281 SF · built 1989 · assessed $268.58/SF
11415 NE 128th St, Kirkland · 0.4 mi · 16,325 SF · built 1980 · assessed $225.34/SF

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Sale history and market context

MakeMe Estimate: $34,584,005 (estimated market value), with a likely range of $33,678,035 to $45,695,001 (half of recent verified sales in this segment landed inside that range). Based on 185 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 1997-09-25 for $946,838 (recorded arm's-length sale).

Current ownership dates to 1998 (about 28 years) per recorded transfers.

2002-03-28: $70,388 from Touchstone Building LLC to Touchstone Kirkland Hotel LLC (part of a 2-parcel sale; price is the whole deal), rec. 20050608000604

1998-10-19: transfer from Touchstone Partners I LLC to Touchstone Building LLC (non-market transfer), rec. 199902091698

1997-09-25: $946,838 from Evangelical Covenant Church to Touchstone Partners I LLC, rec. 199709251901

1997-09-24: $370,000 from Private party to Touchstone Partners I LLC, rec. 199709251902

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 $17,508,000 (2011) to $23,065,000 (2026), up 32% over 15 years, per county tax rolls. The 2026 roll splits $23,065,000 into $7,485,100 land and $15,579,900 improvements.

Zoning: TL 10A (per King County)

Lot: 149,703 sq ft

Water: Water District (per King County)

Sewer: Private (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 99,269 SF; Basement, Parking 33,735 SF (county building sections)

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

Permit history

2025-06-24: Remodel, declared value $275,000 (Screened), permit BNR25-03328

2025-04-02: Other, declared value $311,006 (Screened), permit MNR25-01631

2023-03-28: Electrical, declared value $45,000 (Screened), permit ELV23-02340

2022-12-06: Electrical, declared value $33,000 (Screened), permit ELV22-09399

2022-10-24: Electrical, declared value $25,000 (Screened), permit ENR22-08283

2022-10-05: Electrical, declared value $15,000 (Screened), permit ENR22-07754

2022-08-16: Other, declared value $950,000 (Screened), permit MNR22-01882

2022-07-05: Remodel, declared value $239,000 (Screened), permit BNR22-03180

2022-05-27: Remodel, declared value $740,885 (Screened), permit BNR22-01600

2016-03-28: Remodel, declared value $250,926 (Screened), permit BNR16-01393

Source: King County permit records (newest first).