15902 Woodinville Redmond Rd NE, Woodinville, WA 98072
Small-Bay Industrial · Woodinville · Seattle-Bellevue metro, WA
One of 155 reachable small-bay industrial buildings in Woodinville. Larger than 97% of small-bay industrial buildings in Woodinville (median 22,335 SF), derived from assessor records.
Usable building area
159,528 SF, King County Assessor
Lot size
383,232 SF, King County Assessor
Year built
2018, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$44,682,600, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$280.09/SF, derived from assessor records
Usable area / lot
0.42, derived from assessor records
Vintage
2010s vintage
Zoning
I, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $58.4M (estimated market value), with a likely range of $47.9M to $66.1M (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 1.6 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $34,233,372 in 2023; the estimate is about 71% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 84% above the $199.27/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 Woodinville
median verified sale $342.24/SF over the trailing 24 months; 3 sales in the last 12 months and 7 in 24 (newest verified sale 2026-02).
2022: $334.89/SF median (4 sales)
2024: $353.39/SF median (4 sales)
Computed from 138 verified arm's-length sales in King County public records (7 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2023-12-28 for $34,233,372 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-12-28: $34,233,372 from Bcif Reserve at Woodinville Logistics Center LLC to CPR III Woodinville Reserve Wa LLC, rec. 20240104000419
2019-12-06: $34,525,000 from Woodinville Reserve Holdings LLC to Bcif North Auburn Logistics Center LLC, rec. 20191217001595
2016-08-29: $8,500,000 from BD Real Estate LLC to Woodinville Reserve Holdings LLC (part of a 2-parcel sale; price is the whole deal), rec. 20160830001821
2012-12-18: $8,400,000 from 300 Wli INC to BD Real Estate LLC (part of a 3-parcel sale; price is the whole deal), rec. 20121224001026
2002-05-02: $6,200,000 from Private party to Woodinville Lumber INC (part of a 3-parcel sale; price is the whole deal), rec. 20020509001041
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 $2,016,400 (2011) to $44,682,600 (2026), up 2116% over 15 years, per county tax rolls. The 2026 roll splits $44,682,600 into $11,496,900 land and $33,185,700 improvements.
Zoning: I (per King County)
Lot: 383,232 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Floor and use mix: Storage Warehouse 145,373 SF; Warehouse Showroom Store 7,411 SF; Warehouse Office 5,941 SF (county building sections)