Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 88% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
Usable building area
126,457 SF, King County Assessor
Lot size
616,284 SF, King County Assessor
Year built
1997, King County Assessor
Stories
2, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$24,280,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$192.01/SF, derived from assessor records
Usable area / lot
0.21, derived from assessor records
Vintage
1990s vintage
Zoning
IL, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $28.9M (estimated market value), with a likely range of $23.7M to $32.7M (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.
moderate confidence: 8 comparable sales within 3 miles; nearest 0.8 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. The strongest 5 of 8 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Industrial in Renton
median verified sale $215.65/SF over the trailing 24 months; 4 sales in the last 12 months and 5 in 24 (newest verified sale 2026-04).
Computed from 204 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2010-06-30 for $7,750,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2015-11-04: transfer from Iit 1905 Raymond Avenue LLC to Western B Northwest Wa LLC (non-market transfer), rec. 20151116000851
2010-06-30: $7,750,000 from Hunter Douglas Real Property INC to Iit 1905 Raymond Avenue LLC (c/O Iit Acquisition…, rec. 20100701000704
1996-11-20: $850,000 from Winmar-Metro INC to Hunter Douglas Real Property I, rec. 199611210634
1994-12-19: transfer from Winmar-Metro INC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199412231106
1992-09-15: $1,140,900 from Private party to Winmar-Metro INC (part of a 2-parcel sale; price is the whole deal), rec. 199209171580
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 $7,237,400 (2011) to $24,280,700 (2026), up 235% over 15 years, per county tax rolls. The 2026 roll splits $24,280,700 into $6,574,600 land and $17,706,100 improvements.
Zoning: IL (per King County)
Lot: 616,284 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 103,611 SF; Warehouse Office 11,388 SF (county building sections)