18702 North Creek Pkwy, Bothell, WA 98011

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

One of 36 reachable small-bay industrial buildings in Bothell. Larger than 72% of small-bay industrial buildings in Bothell (median 31,822 SF), derived from assessor records.

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Building size: 59,649 SF, King County Assessor
Lot size: 112,173 SF, King County Assessor
Year built: 1988, King County Assessor
Stories: 2, King County Assessor
Predominant use: North Creek Pkwy Ctr Bldg 4, King County Assessor
Assessed value: $18,660,700, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $312.84/SF, derived from assessor records
Lot coverage: 53%, derived from assessor records
Vintage: 1980s vintage
Zoning: R-AC, OP, CB, LI, King County
County use code: High Tech/High Flex
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): surface lot, 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.

18706 North Creek Pkwy, Bothell · 0.1 mi · 19,326 SF · built 1988 · assessed $324/SF
11804 North Creek Pkwy S, Bothell · 0.1 mi · 25,440 SF · built 1988 · assessed $294.76/SF
18804 North Creek Pkwy, Bothell · 0.1 mi · 23,654 SF · built 1987 · assessed $292.61/SF
18912 North Creek Pkwy, Bothell · 0.1 mi · 61,042 SF · built 1987 · assessed $309.46/SF
18916 North Creek Pkwy, Bothell · 0.1 mi · 16,596 SF · built 1987 · assessed $297.98/SF
11711 North Creek Pkwy S, Bothell · 0.1 mi · 84,505 SF · built 1988 · assessed $266.19/SF

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Sale history and market context

MakeMe Estimate: $22,301,500 (estimated market value), with a likely range of $17,237,358 to $22,524,515 (half of recent verified sales in this segment landed inside that range). Based on 81 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2021 (about 5 years) per recorded transfers.

2021-01-13: transfer from North Creek Parkway Center Investors LP to Private party (part of a 6-parcel sale; price is the whole deal), rec. 20210126002605

2021-01-12: $62,100,000 from Private party to Nitrogen Propco 2020 LP (part of a 6-parcel sale; price is the whole deal), rec. 20210127000119

2017-11-22: $36,500,000 from KBS North Creek LLC to North Creek Parkway Center Investors LP (part of a 6-parcel sale; price is the whole deal), rec. 20171127000926

2008-08-26: $41,114,000 from Rreef America REIT II Corp to KBS North Creek LLC (part of a 6-parcel sale; price is the whole deal), rec. 20080828001517

2002-12-05: $31,240,000 from Eop Operating Limited PS to Rreef America REIT II Corp KK (part of a 6-parcel sale; price is the whole deal), rec. 20021212002254

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 $9,682,400 (2011) to $18,660,700 (2026), up 93% over 15 years, per county tax rolls. The 2026 roll splits $18,660,700 into $3,926,000 land and $14,734,700 improvements.

Zoning: R-AC, OP, CB, LI (per King County)

Lot: 112,173 sq ft

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Open Office 44,977 SF; Industrial Engineering Building 14,672 SF (county building sections)

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

Permit history

2024-11-04: Other, declared value $200,000 (Complete), permit MNR2024-38364

2024-09-30: Plumbing, declared value $150,000 (Complete), permit PNR2024-38365

2024-09-18: Remodel, declared value $1,000,000 (Complete), permit BNR2024-38229

2024-03-22: Plumbing, declared value $140,000 (Complete), permit PNR2024-36718

2024-02-26: Remodel, declared value $589,618 (Complete), permit BNR2023-36234

2023-02-14: Other, declared value $14,620 (Complete), permit MNR2022-32873

2021-10-29: Remodel, declared value $551,000 (Complete), permit BNR2021-29116

2021-10-22: Remodel, declared value $479,864 (Complete), permit BNR2021-28501

2020-10-06: Remodel, declared value $325,000 (Complete), permit BNR2020-25757

2019-03-21: Remodel, declared value $145,000 (Complete), permit BNR2019-21845

Source: King County permit records (newest first).