Small-Bay Industrial · Kent · Seattle-Bellevue metro, WA
One of 670 reachable small-bay industrial buildings in Kent. Larger than 25% of small-bay industrial buildings in Kent (median 33,120 SF), derived from assessor records.
Usable building area
12,769 SF, King County Assessor
Lot size
82,511 SF, King County Assessor
Year built
1991, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$4,615,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$361.42/SF, derived from assessor records
Usable area / lot
0.15, derived from assessor records
Vintage
1990s vintage
Zoning
I2, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $5.92M (estimated market value), with a likely range of $4.85M to $6.69M (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: 5 comparable sales within 3 miles; nearest 1 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $4,900,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 68% above the $275.90/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.
Market context: Industrial in Kent
median verified sale $243.02/SF over the trailing 24 months; 15 sales in the last 12 months and 29 in 24 (newest verified sale 2026-04); the middle 80% of recent sales traded at 0.75x to 1.61x their county assessed value, median 1.17x (28 sales with usable county values).
2022: $303.98/SF median (13 sales)
2023: $224.60/SF median (10 sales)
2024: $236.22/SF median (15 sales)
2025: $323.66/SF median (15 sales)
This estimate sits at 1.28x county assessed value, the 54th percentile of those recent sale premiums.
Computed from 681 verified arm's-length sales in King County public records (29 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-04-28 for $4,900,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-04-28: $4,900,000 from Kale Kent Warehouse LLC to FR Ca Property Holding LP, rec. 20220504001014
3 administrative transfers (no consideration), 1996 to 2014
1992-12-08: $810,000 from Private party to Private party, rec. 199212152031
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 $1,329,000 (2011) to $4,615,000 (2026), up 247% over 15 years, per county tax rolls. The 2026 roll splits $4,615,000 into $3,382,900 land and $1,232,100 improvements.
Zoning: I2 (per King County)
Lot: 82,511 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 8,196 SF; Warehouse Office 2,304 SF (county building sections)