Small-Bay Industrial · Seatac · Seattle-Bellevue metro, WA
One of 54 reachable small-bay industrial buildings in Seatac. Larger than 93% of small-bay industrial buildings in Seatac (median 26,000 SF), derived from assessor records.
Usable building area
169,613 SF, King County Assessor
Lot size
421,897 SF, King County Assessor
Year built
2023, King County Assessor
Stories
1, King County Assessor
Predominant use
Distribution Warehouse, King County Assessor
Assessed value
$37,204,600, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$219.35/SF, derived from assessor records
Usable area / lot
0.4, derived from assessor records
Vintage
2020s vintage
Zoning
I, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $46.1M (estimated market value), with a likely range of $37.8M to $52.1M (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: 2 comparable sales within 3 miles; nearest 0.6 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 33% above the $204.22/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.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2024-09-30: $125,000 from Bridge Point Sea Tac LLC to Washington State of (part of a 2-parcel sale; price is the whole deal), rec. 20250811000727
2021-09-28: $14,000,000 from Highline School District No 401 to Bridge Point Seatac 300 LLC (part of a 2-parcel sale; price is the whole deal), rec. 20210929001055
2020-10-01: transfer from District Highline School to Port of Seattle (non-market transfer), rec. 20210805000418
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. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $4,013,700 (2011) to $37,204,600 (2026), up 827% over 15 years, per county tax rolls. The 2026 roll splits $37,204,600 into $6,465,100 land and $30,739,500 improvements.
Zoning: I (per King County)
Lot: 421,897 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 161,132 SF; Warehouse Office 8,481 SF (county building sections)