Small-Bay Industrial · Redmond · Seattle-Bellevue metro, WA
One of 298 reachable small-bay industrial buildings in Redmond. Larger than 25% of small-bay industrial buildings in Redmond (median 37,436 SF), derived from assessor records.
Usable building area
18,289 SF, King County Assessor
Lot size
41,742 SF, King County Assessor
Year built
1986, King County Assessor
Stories
1, King County Assessor
Predominant use
Industrial Park, King County Assessor
Assessed value
$2,810,300, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$153.66/SF, derived from assessor records
Usable area / lot
0.44, derived from assessor records
Vintage
1980s vintage
Zoning
MME, King County
County use code
Industrial Park
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate range: $3.9M to $5.37M (estimated market value range). This building's own 2023 recorded sale at $6.5M sits 52% above this estimate's midpoint, so we lead with the range rather than a single number. Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $6,500,000 in 2023; the estimate is about 34% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 38% below the $375.75/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: 2023-02-03 for $6,500,000 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-02-03: $6,500,000 from The Three Little Bears LLC to Doxa Church Eastside, rec. 20230207000251
1995-11-22: transfer from Harvitz Mike Family LTD Partnership to Three Little Bears LLC (non-market transfer), rec. 199511300332
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 $1,397,900 (2011) to $2,810,300 (2026), up 101% over 15 years, per county tax rolls. The 2026 roll splits $2,810,300 into $1,641,900 land and $1,168,400 improvements.
Zoning: MME (per King County)
Lot: 41,742 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse Office 5,760 SF; Storage Warehouse 5,760 SF (county building sections)