Small-Bay Industrial · North Bend · Seattle-Bellevue metro, WA
One of 33 reachable small-bay industrial buildings in North Bend. Larger than 88% of small-bay industrial buildings in North Bend (median 8,560 SF), derived from assessor records.
Usable building area
59,452 SF, King County Assessor
Lot size
265,998 SF, King County Assessor
Year built
1972, King County Assessor
Stories
1, King County Assessor
Buildings on parcel
2, King County Assessor
Predominant use
Industrial(lignt), King County Assessor
Assessed value
$9,098,500, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$153.04/SF, derived from assessor records
Usable area / lot
0.22, derived from assessor records
Vintage
1970s vintage
Zoning
NB, King County
County use code
Industrial(Lignt)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $13.6M (estimated market value), with a likely range of $9.86M to $16.9M (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: 0 comparable sales within 3 miles; nearest 7.3 mi. This property type carries wider measured error; treat the estimate as a starting point.
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.
Last sold: 2015-12-14 for $5,200,000 (recorded arm's-length sale).
Current ownership dates to 2015 (about 11 years) per recorded transfers.
2015-12-14: $5,200,000 from Pro Ventures LLC+4517 LLC to MT Si Business Park LLC, rec. 20151215001481
2005-05-26: $4,675,000 from Rome Properties LLC to Pro Ventures LLC+4517 LLC, rec. 20050601001408
2000-08-15: $3,400,000 from North Bend Associates to Rome Properties LLC (non-market transfer), rec. 20000815002320
1999-01-14: $1,675,000 from Macdonald Family Limited Partnership to North Bend Associates (part of a 2-parcel sale; price is the whole deal), rec. 199901210731
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 $4,811,800 (2011) to $9,098,500 (2026), up 89% over 15 years, per county tax rolls. The 2026 roll splits $9,098,500 into $1,329,900 land and $7,768,600 improvements.
Zoning: NB (per King County)
Lot: 265,998 sq ft
Water: Water District (per King County)
Sewer: Private (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Industrial Light Manufacturing 53,192 SF; Office Building 6,260 SF (county building sections)