Small-Bay Industrial · Bothell · Seattle-Bellevue metro, WA
One of 38 reachable small-bay industrial buildings in Bothell. Larger than 63% of small-bay industrial buildings in Bothell (median 27,409 SF), derived from assessor records.
Usable building area
41,000 SF, King County Assessor
Lot size
314,298 SF, King County Assessor
Year built
2023, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse W/Office, King County Assessor
Assessed value
$16,793,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$409.61/SF, derived from assessor records
Usable area / lot
0.13, derived from assessor records
Vintage
2020s vintage
Zoning
R-AC, OP, CB, LI, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $23.9M (estimated market value), with a likely range of $19.6M to $27M (half of recent verified sales in this segment landed inside that range). Based on 7 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 5 comparable sales within 3 miles; nearest 0.6 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $10,000,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than double apart from) the $238.20/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.
Last sold: 2021-06-11 for $10,000,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2022-05-16: transfer from LMJ Enterprises to North Creek 18700 LLC (non-market transfer), rec. 20220526000672
2021-06-11: $10,000,000 from South North Creek Facility LLC to LMJ Enterprises LP, rec. 20210611001171
2019: transferred to South North Creek Facility LLC, no consideration (2 recorded transfers, 2011 to 2019)
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 $3,705,600 (2011) to $16,793,900 (2026), up 353% over 15 years, per county tax rolls. The 2026 roll splits $16,793,900 into $11,000,400 land and $5,793,500 improvements.
Zoning: R-AC, OP, CB, LI (per King County)
Lot: 314,298 sq ft
Nuisance flags: Power lines, Other nuisance
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 31,000 SF; Office Building 5,000 SF (county building sections)