Small-Bay Industrial · Auburn · Seattle-Bellevue metro, WA
One of 441 reachable small-bay industrial buildings in Auburn. Larger than 47% of small-bay industrial buildings in Auburn (median 18,000 SF), derived from assessor records.
Usable building area
17,250 SF, King County Assessor
Lot size
194,713 SF, King County Assessor
Year built
1985, King County Assessor
Stories
1, King County Assessor
Buildings on parcel
2, King County Assessor
Predominant use
Service Building, King County Assessor
Assessed value
$2,284,600, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$132.44/SF, derived from assessor records
Usable area / lot
0.09, derived from assessor records
Vintage
1980s vintage
Zoning
M1, King County
County use code
Service Building
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $2.91M (estimated market value), with a likely range of $2.11M to $3.61M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 7 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $2,000,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 7 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Industrial in Auburn
median verified sale $222.14/SF over the trailing 24 months; 8 sales in the last 12 months and 21 in 24 (newest verified sale 2026-03); the middle 80% of recent sales traded at 1.03x to 1.56x their county assessed value, median 1.17x (21 sales with usable county values).
2022: $208.74/SF median (8 sales)
2023: $275/SF median (6 sales)
2024: $251.78/SF median (13 sales)
2025: $244.64/SF median (8 sales)
This estimate sits at 1.27x county assessed value, the 71st percentile of those recent sale premiums.
Computed from 446 verified arm's-length sales in King County public records (21 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2021-01-22 for $2,000,000 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-01-22: $2,000,000 from Store Master Funding III LLC to Auburn 1215 LLC, rec. 20210204002420
2017-06-29: transfer from Store Master Funding Xiii LLC to Private party, rec. 20170817001314
2017-03-15: $1,750,000 from Aim Aerospace Auburn INC to Store Master Funding Xiii LLC, rec. 20170317001435
2007-07-10: transfer from Columbia City Condos #2 LLC to Private party (non-market transfer), rec. 20070711000731
2007-07-09: $1,410,000 from Private party to Aim Aviation Auburn INC, rec. 20070711000732
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
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 $1,222,700 (2011) to $2,284,600 (2026), up 87% over 15 years, per county tax rolls. The 2026 roll splits $2,284,600 into $1,639,500 land and $645,100 improvements.
Zoning: M1 (per King County)
Lot: 194,713 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 17,250 SF (county building sections)