1455 NW Leary Way, 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 AI estimate from public imagery; may be outdated.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 75% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 94,759 SF, King County Assessor
Lot size: 44,480 SF, King County Assessor
Year built: 2001, King County Assessor
Stories: 4, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $24,316,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $256.61/SF, derived from assessor records
Lot coverage: 213%, derived from assessor records
Vintage: 2000s vintage
Zoning: MML U/65, King County
County use code: Office Building
Construction (observed): metal, AI estimate from public imagery
Parking (observed): surface lot, 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.

1429 NW 51st St, Seattle · 0.2 mi · 2,101 SF · built 1907 · assessed $428.18/SF
1515 NW 51st St, Seattle · 0.2 mi · 9,716 SF · built 1991 · assessed $224.83/SF
4703 Ballard Ave NW, Seattle · 0.2 mi · 3,488 SF · built 1948 · assessed $428.15/SF
5101 14th Ave NW, Seattle · 0.2 mi · 23,173 SF · built 2019 · assessed $310.12/SF
4743 Ballard Ave NW, Seattle · 0.2 mi · 19,389 SF · built 1900 · assessed $496.57/SF
5101 Ballard Ave NW, Seattle · 0.2 mi · 3,950 SF · built 1905 · assessed $380.10/SF

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Sale history and market context

MakeMe Estimate: $26,062,277 (estimated market value), with a likely range of $23,553,838 to $33,957,913 (half of recent verified sales in this segment landed inside that range). Based on 55 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2006-01-20 for $23,150,000 (recorded arm's-length sale).

Current ownership dates to 2006 (about 20 years) per recorded transfers.

2023-08-09: transfer from Hanover Investments LLC to Seattle City of-Dept of Transportation (non-market transfer), rec. 20230911000594

2006-01-20: $23,150,000 from Private party to Hanover Investments LLC, rec. 20060124000413

2000-07-27: $2,700,000 from Ballard Partners to Private party, rec. 20000727000653

2000-01-28: $800,000 from Fremont Dock Company to Ballard Partners (non-market transfer), rec. 20000208000843

1998-05-04: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199805070807

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 $13,859,100 (2011) to $24,316,000 (2026), up 75% over 15 years, per county tax rolls. The 2026 roll splits $24,316,000 into $7,561,600 land and $16,754,400 improvements.

Zoning: MML U/65 (per King County)

Lot: 44,480 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Medical Office 47,444 SF; Office Building 26,260 SF; Basement, Parking 21,055 SF (county building sections)

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

Permit history

2023-01-26: Remodel, declared value $15,000 (Complete), permit 6919557-CN

2022-12-05: Remodel, declared value $1,320,000 (Complete), permit 6907066-CN

2018-12-03: Remodel, declared value $45,000 (Complete), permit 6701951-CN

2018-07-27: Remodel, declared value $60,000 (Complete), permit 6680728-CN

2014-08-07: Remodel, declared value $1,955,000 (Complete), permit 6407528

2014-08-07: Remodel, declared value $1,897,000 (Complete), permit 6407516

2013-05-31: Remodel, declared value $350,000 (Complete), permit 6361712

2012-06-21: Remodel, declared value $425,000 (Complete), permit 6318628

2012-06-04: Remodel, declared value $315,000 (Complete), permit 6315121

2012-02-01: Remodel, declared value $150,000 (Complete), permit 6301126

Source: King County permit records (newest first).