2151 N Northlake Way, Seattle, WA 98103

Office · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: waterfront commercial complex, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 957 reachable office buildings in Seattle. Larger than 77% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 107,426 SF, King County Assessor
Lot size: 216,706 SF, King County Assessor
Year built: 2012, King County Assessor
Stories: 2, King County Assessor
Buildings on parcel: 3, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $28,082,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $261.41/SF, derived from assessor records
Lot coverage: 50%, derived from assessor records
Vintage: 2010s vintage
Zoning: UI U/45, King County
County use code: Office Building
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

1920 N 34th St, Seattle · 0.1 mi · 11,368 SF · built 2010 · assessed $267.59/SF
1914 N 34th St, Seattle · 0.1 mi · 26,694 SF · built 1981 · assessed $253.23/SF
2220 N Pacific St, Seattle · 0.1 mi · 4,800 SF · built 1963 · assessed $513.10/SF
3534 Bagley Ave N, Seattle · 0.2 mi · 4,720 SF · built 1946 · assessed $231.67/SF
2217 N 36th St, Seattle · 0.2 mi · 3,444 SF · built 1926 · assessed $310.25/SF
88 E Hamlin St, Seattle · 0.2 mi · 23,119 SF · built 1919 · assessed $420.86/SF

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Sale history and market context

MakeMe Estimate: $31,038,839 (estimated market value), with a likely range of $28,051,417 to $40,442,139 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2000-05-12 for $4,250,000 (recorded arm's-length sale).

Current ownership dates to 2000 (about 26 years) per recorded transfers.

2000-05-12: $4,250,000 from North Northlake Properties LLC to CKS 2155 LLC, rec. 20000512001647

1997-01-01: transfer from Private party to North Northlake Properties LLC (non-market transfer), rec. 199712051906

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 $9,909,000 (2011) to $28,082,500 (2026), up 183% over 15 years, per county tax rolls. The 2026 roll splits $28,082,500 into $17,252,300 land and $10,830,200 improvements.

Zoning: UI U/45 (per King County)

Lot: 216,706 sq ft

Waterfront: 515 ft

Site notes: Contamination noted

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Open Office 57,619 SF; Underground Parking Structure 26,497 SF; Garage, Service Repair 12,830 SF; Office Building 10,480 SF (county building sections)

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

Permit history

2018-11-19: Remodel, declared value $30,000 (Complete), permit 6700052-CN

2018-08-28: Remodel, declared value $60,000 (Complete), permit 6685783-CN

2016-12-13: Building, New, declared value $2,500,000 (Complete), permit 6448442

2016-11-21: Remodel, declared value $100,000 (Screened), permit 6568216

2016-08-29: Remodel, declared value $259,798 (Screened), permit 6534220

2016-04-15: Remodel, declared value $200,000 (Screened), permit 6518306

2014-11-14: Remodel, declared value $531,000 (Complete), permit 6426179

2014-04-29: Remodel, declared value $470,000 (Complete), permit 6407662

2014-04-10: Remodel, declared value $560,000 (Complete), permit 6401245

2013-12-03: Remodel, declared value $885,998 (Complete), permit 6388113

Source: King County permit records (newest first).