Small-Bay Industrial · Seatac · Seattle-Bellevue metro, WA
One of 54 reachable small-bay industrial buildings in Seatac. Larger than 78% of small-bay industrial buildings in Seatac (median 26,000 SF), derived from assessor records.
Usable building area
74,095 SF, King County Assessor
Lot size
166,366 SF, King County Assessor
Year built
1983, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$16,642,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$224.62/SF, derived from assessor records
Usable area / lot
0.45, 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: $20.4M (estimated market value), with a likely range of $16.7M to $23M (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 2.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $16,492,000 in 2025; the estimate is about 23% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 35% above the $204.22/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: 2025-07-28 for $16,492,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-07-28: $16,492,000 from Seattle Olympic Park LLC to BKM Olympic Industrial Park 954 LLC, rec. 20250801000342
2020-07-02: $300,000 from Seattle Olympic Park LLC to King County (part of a 3-parcel sale; price is the whole deal), rec. 20200707001566
2018-05-25: transfer from Private party to Seattle Olympic Park LLC (part of a 3-parcel sale; price is the whole deal), rec. 20180606000780
2018-03-16: $12,905,350 from Olympic Industrial Park LLC to Private party (part of a 3-parcel sale; price is the whole deal), rec. 20180321000927
2015-01-09: $6,395,897 from Private party to Olympic Industiral Park LLC (part of a 3-parcel sale; price is the whole deal), rec. 20150112000085
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 $4,989,000 (2011) to $16,642,900 (2026), up 234% over 15 years, per county tax rolls. The 2026 roll splits $16,642,900 into $2,620,200 land and $14,022,700 improvements.
Zoning: I (per King County)
Lot: 166,366 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Floor and use mix: Storage Warehouse 70,750 SF; Warehouse Office 2,095 SF (county building sections)