12360 Lake City Way NE, Seattle, WA 98125

Office · Seattle · 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 AI estimate from public imagery; may be outdated.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 957 reachable office buildings in Seattle. Larger than 66% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 50,759 SF, King County Assessor
Lot size: 51,754 SF, King County Assessor
Year built: 1972, King County Assessor
Stories: 5, King County Assessor
Predominant use: Office, King County Assessor
Assessed value: $5,423,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $106.84/SF, derived from assessor records
Lot coverage: 98%, derived from assessor records
Vintage: 1970s vintage
Zoning: NC3-95 (M), King County
County use code: Office Building
Construction (observed): masonry, 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.

12343 Lake City Way NE, Seattle · 0 mi · 3,117 SF · built 1945 · assessed $196.41/SF
12351 Lake City Way NE, Seattle · 0.1 mi · 10,500 SF · built 1946 · assessed $202.40/SF
3225 NE 125th St, Seattle · 0.1 mi · 8,434 SF · built 1956 · assessed $229.82/SF
3220 NE 125th St, Seattle · 0.1 mi · 4,045 SF · built 2001 · assessed $272.66/SF
3305 NE 125th St, Seattle · 0.1 mi · 3,836 SF · built 1946 · assessed $233.92/SF
12359 Lake City Way NE, Seattle · 0.1 mi · 4,048 SF · built 1940 · assessed $212.52/SF

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Sale history and market context

MakeMe Estimate: $6,056,445 (estimated market value), with a likely range of $5,473,525 to $7,891,262 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2021-12-01 for $9,000,000 (recorded arm's-length sale).

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

2021-12-01: $9,000,000 from Plaza Lake City LLC to CHSW Holdings Northwest LLC, rec. 20211208001722

2017-06-20: $7,900,000 from Lake City Center LLC to Plaza Lake City LLC, rec. 20170620000984

2002-06-01: transfer from Private party to Lake City Center LLC (non-market transfer), rec. 20020613001552

2001-05-23: $5,700,000 from Private party to Lake City Center LLC, rec. 20010525002992

2 administrative transfers (no consideration), 1997 to 2001

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 $6,308,300 (2011) to $5,423,000 (2026), down 14% over 15 years, per county tax rolls. The 2026 roll splits $5,423,000 into $4,462,100 land and $960,900 improvements.

Zoning: NC3-95 (M) (per King County)

Lot: 51,754 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 47,079 SF; Restaurant, Table Service 3,680 SF (county building sections)

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

Permit history

2025-05-02: Remodel, declared value $200,000 (Screened), permit 7075770-CN

2024-10-29: Electrical, declared value $4,000 (Screened), permit 7053589-EL

2024-08-01: Remodel, declared value $50,000 (Complete), permit 7029823-CN

2023-01-06: Remodel, declared value $2,000,000 (Complete), permit 6892406-CN

2020-01-03: Remodel, declared value $15,000 (Screened), permit 6747463-CN

2019-07-09: Remodel, declared value $15,000 (Complete), permit 6736827-CN

2018-08-27: Remodel, declared value $15,000 (Screened), permit 6645767-CN

2018-02-28: Remodel, declared value $73,000 (Complete), permit 6634603

2017-03-02: Remodel, declared value $1,200 (Complete), permit 6584013

2014-04-15: Remodel, declared value $120,000 (Complete), permit 6407771

Source: King County permit records (newest first).