12421 Willows Rd NE, Kirkland, WA 98034

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

One of 112 reachable small-bay industrial buildings in Kirkland. Larger than 93% of small-bay industrial buildings in Kirkland (median 18,725 SF), derived from assessor records.

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Building size: 70,082 SF, King County Assessor
Lot size: 150,865 SF, King County Assessor
Year built: 1986, King County Assessor
Stories: 3, King County Assessor
Predominant use: Hi-Tech Office Warehouse, King County Assessor
Assessed value: $22,717,900, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $324.16/SF, derived from assessor records
Lot coverage: 46%, derived from assessor records
Vintage: 1980s vintage
Zoning: TL 7B, King County
County use code: High Tech/High Flex
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.

13625 NE 126th Pl, Kirkland · 0.1 mi · 23,400 SF · built 1988 · assessed $338.44/SF
12413 Willows Rd NE, Kirkland · 0.1 mi · 61,077 SF · built 1996 · assessed $259.20/SF
13621 NE 126th Pl, Kirkland · 0.1 mi · 22,550 SF · built 1988 · assessed $252.78/SF
13637 NE 126th Pl, Kirkland · 0.1 mi · 39,900 SF · built 1986 · assessed $338.44/SF
13649 NE 126th Pl, Kirkland · 0.1 mi · 23,618 SF · built 1984 · assessed $244.31/SF
13609 NE 126th Pl, Kirkland · 0.1 mi · 45,360 SF · built 1986 · assessed $338.44/SF

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Sale history and market context

MakeMe Estimate: $30,397,352 (estimated market value), with a likely range of $23,494,834 to $30,701,326 (half of recent verified sales in this segment landed inside that range). Based on 81 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2012-08-31 for $8,450,000 (recorded arm's-length sale).

Current ownership dates to 2012 (about 14 years) per recorded transfers.

2022-12-14: $60,000 from Private party to Private party, rec. 20230111000526

2012-08-31: $8,450,000 from Marymoor Warehouse Associates LLC to Icom America INC, rec. 20120831001681

2011-03-25: $10,250,000 from 12413-12421 Willows Road NE Holdings LLC to Marymoor Warehouse Associates LLC (part of a 2-parcel sale; price is the whole deal), rec. 20110325000927

2 administrative transfers (no consideration), 2007 to 2010

2005-09-14: $13,600,000 from Mastro Willows 2 LLC to Private party, rec. 20050916002180

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 $9,917,000 (2011) to $22,717,900 (2026), up 129% over 15 years, per county tax rolls. The 2026 roll splits $22,717,900 into $4,525,900 land and $18,192,000 improvements.

Zoning: TL 7B (per King County)

Lot: 150,865 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Warehouse Office 46,916 SF; Storage Warehouse 13,661 SF; Industrial Engineering Building 9,505 SF (county building sections)

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

Permit history

2024-12-11: Remodel, declared value $500,000 (Complete), permit BNR24-08488

2024-03-13: Remodel, declared value $9,675 (Complete), permit BNR23-09714

2024-02-22: Electrical, declared value $30,750 (Complete), permit ENR24-01299

2013-10-21: Remodel, declared value $142,800 (Complete), permit ENR13-05790

2013-09-03: Remodel, declared value $1,061,130 (Complete), permit BNR13-03461

2003-03-25: Building, New, declared value $35,000 (Screened), permit B02M1621

Source: King County permit records (newest first).