Small-Bay Industrial · Seatac · Seattle-Bellevue metro, WA
One of 54 reachable small-bay industrial buildings in Seatac. Larger than 56% of small-bay industrial buildings in Seatac (median 26,000 SF), derived from assessor records.
Usable building area
41,025 SF, King County Assessor
Lot size
204,855 SF, King County Assessor
Year built
1984, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$8,963,400, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$218.49/SF, derived from assessor records
Usable area / lot
0.2, 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: $11.5M (estimated market value), with a likely range of $9.45M to $13M (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 2.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 34% above the $208.92/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: 2016-12-27 for $6,500,000 (recorded arm's-length sale).
Current ownership dates to 2019 (about 7 years) per recorded transfers.
2019-11-04: $8,050,000 from Dydig LLC to RLF II West LLC, rec.
2016-12-27: $6,500,000 from Oe Seatac LLC to Dydig LLC, rec. 20161228000471
2010-03-31: $5,000,000 from Rreef America REIT II Corp to Oe Seatac LLC, rec. 20100405001642
2005-12-29: $4,775,000 from Amb Institutional Alliance Fund I LP to Rreef America REIT II Corp, rec. 20060105001814
2000-08-02: $2,475,000 from Glenborough Properties LP to Amb Institutional Alliance Fund I LP, rec.
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 $2,987,200 (2011) to $8,963,400 (2026), up 200% over 15 years, per county tax rolls. The 2026 roll splits $8,963,400 into $3,328,800 land and $5,634,600 improvements.
Zoning: I (per King County)
Lot: 204,855 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Transit Warehouse 34,000 SF; Warehouse Office 3,200 SF (county building sections)