12509 130th Ln NE, Kirkland, WA 98034

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

One of 112 reachable small-bay industrial buildings in Kirkland. Larger than 45% of small-bay industrial buildings in Kirkland (median 18,725 SF), derived from assessor records.

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Building size: 17,220 SF, King County Assessor
Lot size: 60,535 SF, King County Assessor
Year built: 1985, King County Assessor
Stories: 1, King County Assessor
Predominant use: Office/Whse/Daycare Bldg B-1, King County Assessor
Assessed value: $5,827,900, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $338.44/SF, derived from assessor records
Lot coverage: 28%, derived from assessor records
Vintage: 1980s vintage
Zoning: TL 9A, King County
County use code: Industrial Park
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.

12518 130th Ln NE, Kirkland · 0 mi · 16,030 SF · built 1985 · assessed $338.44/SF
12913 NE 126th Pl, Kirkland · 0 mi · 15,435 SF · built 1983 · assessed $331.31/SF
13030 NE 125th Way, Kirkland · 0.1 mi · 15,875 SF · built 1985 · assessed $338.44/SF
12809 NE 126th Pl, Kirkland · 0.1 mi · 19,114 SF · built 1985 · assessed $331.31/SF
13110 NE 126th Pl, Kirkland · 0.1 mi · 10,376 SF · built 1965 · assessed $312.42/SF
12510 128th Ln NE, Kirkland · 0.1 mi · 18,725 SF · built 1985 · assessed $331.31/SF

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Sale history and market context

MakeMe Estimate: $8,519,170 (estimated market value), with a likely range of $6,584,669 to $8,604,362 (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.

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-04-26: $40,000,000 from Totem Valley LLC to NWB Totem Valley LLC (part of a 8-parcel sale; price is the whole deal), rec. 20220426000962

2003-01-31: transfer from Auburn Glen Associates LLC Et Al to Totem Valley LLC (part of a 8-parcel sale; price is the whole deal), rec. 20030131000726

2001-09-07: $10,700,000 from Glenborough Properties LP to Auburn Glen Associates LLC (part of a 9-parcel sale; price is the whole deal), rec. 20010913000918

1999-07-15: $7,500,229 from Private party to Glenborough Properties LP (part of a 9-parcel sale; price is the whole deal), rec. 19990715002098

1995-09-08: transfer from Private party to Kirkland City of (part of a 7-parcel sale; price is the whole deal), rec. 199511290474

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 $1,888,500 (2011) to $5,827,900 (2026), up 209% over 15 years, per county tax rolls. The 2026 roll splits $5,827,900 into $2,421,400 land and $3,406,500 improvements.

Zoning: TL 9A (per King County)

Lot: 60,535 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Industrial Flex Buildings 17,220 SF (county building sections)

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

Permit history

2025-02-28: Electrical, declared value $1,590 (Complete), permit ENR25-01572

2025-01-17: Electrical, declared value $510 (Complete), permit ENR25-00435

2023-04-14: Other, declared value $95,000 (Complete), permit BNR23-02066

2023-04-05: Other, declared value $15,000 (Complete), permit FIR23-02501

2023-04-03: Electrical, declared value $15,000 (Complete), permit ELV23-02482

2022-11-09: Plumbing, declared value $3,500 (Defunct), permit PNR22-08466

2016-06-13: Remodel, declared value $70,000 (Complete), permit BNR15-02862

2014-03-07: Remodel, declared value $80,000 (Complete), permit MNR14-00801

2014-03-05: Remodel, declared value $90,657 (Complete), permit ENR14-01127

2014-02-21: Remodel, declared value $73,000 (Complete), permit PNR14-00830

Source: King County permit records (newest first).