1448 NW Market St, Seattle, WA 98107

Office · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise office, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 957 reachable office buildings in Seattle. Larger than 89% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 279,102 SF, King County Assessor
Lot size: 47,952 SF, King County Assessor
Year built: 2019, King County Assessor
Stories: 5, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $43,589,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $156.18/SF, derived from assessor records
Lot coverage: 582%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3P-75 (M), King County
County use code: Office Building
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, 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.

5600 14th Ave NW, Seattle · 0.1 mi · 4,112 SF · built 1951 · assessed $480.62/SF
5803 15th Ave NW, Seattle · 0.1 mi · 4,527 SF · built 1963 · assessed $568.50/SF
5407 17th Ave NW, Seattle · 0.2 mi · 2,004 SF · built 1966 · assessed $515.37/SF
1801 NW Market St, Seattle · 0.2 mi · 60,192 SF · built 1974 · assessed $201.26/SF
5101 14th Ave NW, Seattle · 0.2 mi · 23,173 SF · built 2019 · assessed $310.12/SF
1429 NW 51st St, Seattle · 0.3 mi · 2,101 SF · built 1907 · assessed $428.18/SF

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Sale history and market context

MakeMe Estimate: $45,769,277 (estimated market value), with a likely range of $41,364,081 to $59,635,201 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2014-12-23 for $6,641,689 (recorded arm's-length sale).

Current ownership dates to 2014 (about 12 years) per recorded transfers.

2014-12-23: $6,641,689 from Private party to Market Holdings Company LLC, rec. 20141223000988

2011-08-16: $37,500 from Private party to Avalon Ballard LLC, rec. 20110817000465

2 administrative transfers (no consideration), 2005 to 2007

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 $2,751,000 (2011) to $43,589,600 (2026), up 1485% over 15 years, per county tax rolls. The 2026 roll splits $43,589,600 into $19,660,300 land and $23,929,300 improvements.

Zoning: NC3P-75 (M) (per King County)

Lot: 47,952 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 166,720 SF; Underground Parking Structure 83,859 SF; Retail Store 28,523 SF (county building sections)

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

Permit history

2022-11-21: Remodel (Screened), permit 6914202-BK

2022-03-22: Building, New, declared value $287,000 (Complete), permit 6873150-CN

2020-01-21: Remodel, declared value $450,000 (Complete), permit 6699995-CN

2018-11-14: Remodel, declared value $4,450,462 (Complete), permit 6671349-CN

2017-09-24: Building, New, declared value $41,066,596 (Complete), permit 6516017

2016-11-09: Demolition (Complete), permit 6518824

2005-03-21: Remodel, declared value $179,853 (Complete), permit 749240

Source: King County permit records (newest first).