Small-Bay Industrial · Seatac · Seattle-Bellevue metro, WA
One of 54 reachable small-bay industrial buildings in Seatac. Larger than 65% of small-bay industrial buildings in Seatac (median 26,000 SF), derived from assessor records.
Usable building area
43,850 SF, King County Assessor
Lot size
87,120 SF, King County Assessor
Year built
1980, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$8,549,100, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$194.96/SF, derived from assessor records
Usable area / lot
0.5, derived from assessor records
Vintage
1980s 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: $10.8M (estimated market value), with a likely range of $8.87M to $12.2M (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: 3 comparable sales within 3 miles; nearest 0.3 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.
Current ownership dates to 2012 (about 14 years) per recorded transfers.
2012-07-31: $4,824,000 from Lit Industrial LP to Aluthien Properties INC (part of a 2-parcel sale; price is the whole deal), rec. 20120801001489
2005-04-05: $3,830,000 from Calwest Industrial Holdings LLC to Lit Industrial LP (part of a 2-parcel sale; price is the whole deal), rec. 20050407002233
2002-02-26: transfer from Calwest Industrial Properties LLC to Calwest Industrial Holdings LLC (part of a 30-parcel sale; price is the whole deal), rec. 20020301002215
2000-11-15: $4,100,000 from Pacific Gulf Properties INC to Calwest Industrial Properties LLC (part of a 2-parcel sale; price is the whole deal), rec. 20001121001298
1993: transferred to Pacific Gulf Properties, no consideration (2 recorded transfers, 1993 to 1993)
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. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $3,228,100 (2011) to $8,549,100 (2026), up 165% over 15 years, per county tax rolls. The 2026 roll splits $8,549,100 into $1,372,100 land and $7,177,000 improvements.
Zoning: I (per King County)
Lot: 87,120 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 33,200 SF; Warehouse Office 3,550 SF (county building sections)