Small-Bay Industrial · Kirkland · Seattle-Bellevue metro, WA
One of 141 reachable small-bay industrial buildings in Kirkland. Larger than 74% of small-bay industrial buildings in Kirkland (median 16,368 SF), derived from assessor records.
Usable building area
30,000 SF, King County Assessor
Lot size
89,298 SF, King County Assessor
Year built
1980, King County Assessor
Stories
1, King County Assessor
Predominant use
Distribution Warehouse, King County Assessor
Assessed value
$9,000,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$300/SF, derived from assessor records
Usable area / lot
0.34, derived from assessor records
Vintage
1980s vintage
Zoning
TL 7B, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $13.9M (estimated market value), with a likely range of $11.4M to $15.7M (half of recent verified sales in this segment landed inside that range). Based on 7 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 3.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $10,000,000 in 2023; the estimate is about 39% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 43% above the $323.51/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Last sold: 2023-10-09 for $10,000,000 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-10-09: $10,000,000 from Loyal Stewards LLC to LMJ Enterprises Limited Partnership, rec. 20231030000137
2009-03-20: transfer from JTB Investments LP to Loyal Stewards LLC (non-market transfer), rec. 20090409000449
1994-09-30: $1,535,000 from Private party to JTB Investments LP (non-market transfer), rec. 199409302332
1994-04-06: transfer from Private party to Private party (non-market transfer), rec. 199404081202
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 $2,383,200 (2011) to $9,000,000 (2026), up 278% over 15 years, per county tax rolls. The 2026 roll splits $9,000,000 into $3,571,900 land and $5,428,100 improvements.
Zoning: TL 7B (per King County)
Lot: 89,298 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 28,895 SF; Warehouse Office 1,105 SF (county building sections)