20832 International Blvd, Seatac, WA 98198

Small-Bay Industrial · Seatac · Seattle-Bellevue metro, WA

One of 46 reachable small-bay industrial buildings in Seatac. Larger than 43% of small-bay industrial buildings in Seatac (median 41,025 SF), derived from assessor records.

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Building size: 26,000 SF, King County Assessor
Lot size: 64,603 SF, King County Assessor
Year built: 1973, King County Assessor
Stories: 1, King County Assessor
Buildings on parcel: 2, King County Assessor
Predominant use: Warehouse, King County Assessor
Assessed value: $5,928,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $228/SF, derived from assessor records
Lot coverage: 40%, derived from assessor records
Vintage: 1970s vintage
Zoning: CB-C, King County
County use code: Industrial Park
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

21104 International Blvd, Seatac · 0.2 mi · 4,894 SF · built 1965 · assessed $393.28/SF
21024 24th Ave S, Seatac · 0.2 mi · 122,710 SF · built 2008 · assessed $205.80/SF
21086 24th Ave S, Seatac · 0.3 mi · 122,710 SF · built 2008 · assessed $199.84/SF
20529 24th Ave S, Seatac · 0.4 mi · 437,220 SF · built 2018
20024 International Blvd, Seatac · 0.5 mi · 3,964 SF · built 1967 · assessed $370.66/SF
2407 S 200th St, Seatac · 0.5 mi · 22,216 SF · built 1986 · assessed $233.31/SF

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Sale history and market context

MakeMe Estimate: $7,656,239 (estimated market value), with a likely range of $5,917,689 to $7,732,801 (half of recent verified sales in this segment landed inside that range). Based on 81 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-12-08: $9,450,000 from Cat Investments II LLC to The Horn at Seatac LLC (part of a 3-parcel sale; price is the whole deal), rec. 20221222000072

2020-12-03: $96,000 from Cat Investments II LLC to Washington State of/Department of Transportation (part of a 2-parcel sale; price is the whole deal), rec. 20210420000732

2019-06-26: $4,250,000 from Hassen Properties INC to Cat Investments II LLC (part of a 2-parcel sale; price is the whole deal), rec. 20190628001271

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $1,742,200 (2011) to $5,928,000 (2026), up 240% over 15 years, per county tax rolls. The 2026 roll splits $5,928,000 into $2,842,500 land and $3,085,500 improvements.

Zoning: CB-C (per King County)

Lot: 64,603 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Industrial Flex Buildings 26,000 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2024-12-06: Electrical, declared value $300 (Complete), permit 2412-1035-ELE

2024-10-14: Electrical, declared value $12,240 (Complete), permit 2410-1091-ELE

2024-08-27: Plumbing, declared value $19,000 (Complete), permit 2408-1178-PLM

2024-04-03: Electrical, declared value $2,000 (Complete), permit 2403-1238-ELE

2023-03-15: Electrical, declared value $600 (Complete), permit ELE23-0123

2022-07-18: Other, declared value $48,000 (Complete), permit BLD22-0130

2022-02-07: Electrical, declared value $849 (Screened), permit ELE22-0050

2015-07-07: Remodel, declared value $96,000 (Complete), permit BLD15-0096

2015-04-08: Remodel, declared value $45,347 (Complete), permit BLD15-0042

Source: King County permit records (newest first).