1537 NW Ballard Way, Seattle, WA 98107

Small-Bay Industrial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: industrial flex, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 1,229 reachable small-bay industrial buildings in Seattle. Larger than 29% of small-bay industrial buildings in Seattle (median 14,469 SF), derived from assessor records.

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Building size: 7,920 SF, King County Assessor
Lot size: 6,000 SF, King County Assessor
Year built: 1915, King County Assessor
Stories: 1, King County Assessor
Predominant use: Warehouse Office, King County Assessor
Assessed value: $2,551,900, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $322.21/SF, derived from assessor records
Lot coverage: 132%, derived from assessor records
Vintage: pre-war vintage
Zoning: MML U/65, King County
County use code: Warehouse
Construction (observed): metal, 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.

1530 NW 46th St, Seattle · 0 mi · 2,384 SF · built 1992 · assessed $432.42/SF
1521 NW Ballard Way, Seattle · 0 mi · 6,600 SF · built 1974 · assessed $213.52/SF
4600 Shilshole Ave NW, Seattle · 0 mi · 6,000 SF · built 1947 · assessed $223.68/SF
1540 NW 46th St, Seattle · 0 mi · 5,835 SF · built 1992 · assessed $380.74/SF
1553 NW Ballard Way, Seattle · 0 mi · 17,487 SF · built 1989 · assessed $217.64/SF
1525 NW Ballard Way, Seattle · 0 mi · 4,350 SF · built 1977 · assessed $322.94/SF

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Sale history and market context

MakeMe Estimate: $3,221,863 (estimated market value), with a likely range of $2,778,300 to $3,594,425 (half of recent verified sales in this segment landed inside that range). Based on 96 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.

2025-02-06: $4,200,000 from Huff Commercial Properties to Casco Bay LLC (part of a 2-parcel sale; price is the whole deal), rec. 20250210000763

2 administrative transfers (no consideration), 2016 to 2025

1983-03-15: $420,000 from Private party to Private party (part of a 3-parcel sale; price is the whole deal), rec. 198303160347

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 $934,100 (2011) to $2,551,900 (2026), up 173% over 15 years, per county tax rolls. The 2026 roll splits $2,551,900 into $1,020,000 land and $1,531,900 improvements.

Zoning: MML U/65 (per King County)

Lot: 6,000 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Storage Warehouse 3,600 SF; Basement, Finished 2,400 SF; Open Office 1,920 SF (county building sections)

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