Small-Bay Industrial · Bellevue · Seattle-Bellevue metro, WA
One of 180 reachable small-bay industrial buildings in Bellevue. Larger than 72% of small-bay industrial buildings in Bellevue (median 15,183 SF), derived from assessor records.
Usable building area
24,800 SF, King County Assessor
Lot size
132,000 SF, King County Assessor
Year built
1968, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$5,473,200, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$220.69/SF, derived from assessor records
Usable area / lot
0.19, derived from assessor records
Vintage
1960s 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.
MakeMe Estimate: $6.83M (estimated market value), with a likely range of $6.21M to $8.54M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 3 comparable sales within 3 miles; nearest 0.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 28% below the $381.06/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.
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: 2007-01-04 for $3,525,000 (recorded arm's-length sale).
Current ownership dates to 2007 (about 19 years) per recorded transfers.
2007-01-04: $3,525,000 from Private party to TBR Realty LLC, rec. 20070110002054
1986-10-14: transfer from Private party to Private party (non-market transfer), rec. 198610211645
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 $3,765,000 (2011) to $5,473,200 (2026), up 45% over 15 years, per county tax rolls. The 2026 roll splits $5,473,200 into $3,020,100 land and $2,453,100 improvements.
Zoning: LI (per King County)
Lot: 132,000 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Gravel
Floor and use mix: Industrial Flex Buildings 17,204 SF; Warehouse Office 7,596 SF (county building sections)