13150 SE 32nd St, Bellevue, WA 98005

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

One of 180 reachable small-bay industrial buildings in Bellevue. Larger than 84% of small-bay industrial buildings in Bellevue (median 15,183 SF), derived from assessor records.

Usable building area
37,803 SF, King County Assessor
County gross area
38,271 SF, King County Assessor
Excluded area
468 SF outside primary usable area
Lot size
89,334 SF, King County Assessor
Year built
1982, King County Assessor
Stories
2, King County Assessor
Predominant use
Office/Warehouse, King County Assessor
Assessed value
$9,666,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$255.72/SF, derived from assessor records
Usable area / lot
0.42, derived from assessor records
Vintage
1980s vintage
Zoning
LI, King County
County use code
Warehouse

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate range: $10.5M to $14.4M (estimated market value range). This building's own 2025 recorded sale at $17.5M sits 52% above this estimate's midpoint, so we lead with the range rather than a single number. Based on 8 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 3.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $17,500,000 in 2025; the estimate is about 34% apart. Treat the recorded trade as strong evidence alongside the model.

Comparable sales used as evidence

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.

Market context: Industrial in Bellevue

median verified sale $462.93/SF over the trailing 24 months; 2 sales in the last 12 months and 5 in 24 (newest verified sale 2026-05).

Computed from 115 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.

Last sold: 2025-05-22 for $17,500,000 (recorded arm's-length sale).

Current ownership dates to 2025 per recorded transfers.

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$5M$10M$15M$20M201120142017202020232026$11.7M$8.5MLast sold $17.5M · 2025$11.5M$9.67MCounty assessed valueMakeMe Estimate rangeRecorded sale

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 $5,417,000 (2011) to $9,666,900 (2026), up 78% over 15 years, per county tax rolls. The 2026 roll splits $9,666,900 into $2,001,000 land and $7,665,900 improvements.

Taxes

Permit history

Source: King County permit records (newest first).