14520 NE 87th St, Redmond, WA 98052
Small-Bay Industrial · Redmond · Seattle-Bellevue metro, WA
One of 241 reachable small-bay industrial buildings in Redmond. Larger than 63% of small-bay industrial buildings in Redmond (median 43,526 SF), derived from assessor records.
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- Building size
- 61,079 SF, King County Assessor
- Lot size
- 148,063 SF, King County Assessor
- Year built
- 1995, King County Assessor
- Stories
- 2, King County Assessor
- Predominant use
- Hi-Tech Office/Assy Bldg #B, King County Assessor
- Assessed value
- $21,372,800, per the King County Assessor (not a market appraisal)
- Assessed value per building SF
- $349.92/SF, derived from assessor records
- Lot coverage
- 41%, derived from assessor records
- Vintage
- 1990s vintage
- Zoning
- MP, King County
- County use code
- High Tech/High Flex
- Construction (observed)
- masonry, AI estimate from public imagery
- Parking (observed)
- street only, AI estimate from public imagery
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 14515 NE 91st St, Redmond · 0 mi · 15,549 SF · built 1986 · assessed $316.46/SF
- 14500 NE 87th St, Redmond · 0.1 mi · 68,502 SF · built 1995 · assessed $330.76/SF
- 14505 NE 91st St, Redmond · 0.1 mi · 15,549 SF · built 1986 · assessed $313.20/SF
- 14560 NE 87th St, Redmond · 0.1 mi · 36,443 SF · built 1995 · assessed $349.92/SF
- 8705 148th Ave NE, Redmond · 0.1 mi · 33,261 SF · built 1985 · assessed $275.83/SF
- 14540 NE 91st St, Redmond · 0.1 mi · 27,790 SF · built 1993 · assessed $242.87/SF
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Sale history and market context
MakeMe Estimate: $27,449,075 (estimated market value), with a likely range of $21,216,041 to $27,723,566 (half of recent verified sales in this segment landed inside that range). Based on 81 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.
Current ownership dates to 2025 per recorded transfers.
- 2025-09-26: $40,000,000 from The GC Net Lease (redmond) Investors LLC to BBK West Willows Tech Center Owner LLC (part of a 3-parcel sale; price is the whole deal), rec. 20251001000235
- 2025-09-26: transfer from The GC Net Lease Redmond Investors LLC to BBK West Willows Tech Center Owner LLC (part of a 3-parcel sale; price is the whole deal), rec. 20251105000830
- 2012-01-31: $40,000,000 from Arden Realty Limited Partnership to GC Net Lease (redmond) Investors LLC the (part of a 3-parcel sale; price is the whole deal), rec. 20120131002026
- 2007-08-09: $49,000,000 from Carramerica West Willows LLC to Arden Realty Limited Partnership (part of a 3-parcel sale; price is the whole deal), rec. 20070821002078
- 2005-08-11: $34,050,000 from Med Willows Associates LLC+87th Avenue Associates to Carramerica West Willows LLC C/O Carramerica Realt… (part of a 3-parcel sale; price is the whole deal), rec. 20050822002446
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $10,534,200 (2011) to $21,372,800 (2026), up 103% over 15 years, per county tax rolls. The 2026 roll splits $21,372,800 into $13,325,600 land and $8,047,200 improvements.
- Zoning: MP (per King County)
- Lot: 148,063 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Open Office 61,079 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)