Small-Bay Industrial · Redmond · Seattle-Bellevue metro, WA
One of 298 reachable small-bay industrial buildings in Redmond. Larger than 40% of small-bay industrial buildings in Redmond (median 37,436 SF), derived from assessor records.
Usable building area
28,136 SF, King County Assessor
Lot size
51,498 SF, King County Assessor
Year built
1991, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$8,159,400, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$290/SF, derived from assessor records
Usable area / lot
0.55, derived from assessor records
Vintage
1990s vintage
Zoning
MP, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $11.9M (estimated market value), with a likely range of $9.74M to $13.4M (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: 1 comparable sale within 3 miles; nearest 2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 30% above the $323.51/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 Redmond
median verified sale $445.09/SF over the trailing 24 months; 5 sales in the last 12 months and 6 in 24 (newest verified sale 2026-05).
Computed from 238 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2020-12-14 for $8,000,000 (recorded arm's-length sale).
Current ownership dates to 2020 (about 6 years) per recorded transfers.
2020-12-14: $8,000,000 from Redmond Willows LLC to Lift II 95th 15036 LLC, rec. 20201215002000
2006-12-22: transfer from Private party to Redmond Willows LLC (non-market transfer), rec. 20061226001879
2005-08-30: $2,500,000 from Chen & Chiang LLC to Private party, rec. 20050902000604
2003-12-22: transfer from Best Plastic Binding Corp to Chen & Chang LLC (non-market transfer), rec. 20031230001166
1991-09-10: $1,571,131 from Private party to Best Plastic Binding Corp, rec. 199109131266
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 $2,616,600 (2011) to $8,159,400 (2026), up 212% over 15 years, per county tax rolls. The 2026 roll splits $8,159,400 into $4,634,800 land and $3,524,600 improvements.
Zoning: MP (per King County)
Lot: 51,498 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 25,056 SF; Warehouse Office 2,040 SF (county building sections)