Small-Bay Industrial · Vashon · Seattle-Bellevue metro, WA
One of 24 reachable small-bay industrial buildings in Vashon. Larger than 75% of small-bay industrial buildings in Vashon (median 4,000 SF), derived from assessor records.
Usable building area
10,920 SF, King County Assessor
Lot size
232,726 SF, King County Assessor
Year built
1963, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$371,600, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$34.03/SF, derived from assessor records
Usable area / lot
0.05, derived from assessor records
Vintage
1960s vintage
Zoning
RA-5, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $692K (estimated market value), with a likely range of $568K to $782K (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: 0 comparable sales within 3 miles; nearest 12.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $500,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 83% below the $377.59/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: 2021-08-18 for $500,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2025: transferred to Wax Orchard Farm LLC, no consideration (4 recorded transfers, 2024 to 2025)
2021-08-18: $500,000 from Development Services of America INC to Private party, rec. 20210903001444
2007-12-21: $1,400,000 from Private party to Development Services of America (part of a 3-parcel sale; price is the whole deal), rec. 20071226001346
5 administrative transfers (no consideration), 1999 to 2004
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 $280,500 (2011) to $371,600 (2026), up 32% over 15 years, per county tax rolls. The 2026 roll splits $371,600 into $232,700 land and $138,900 improvements.
Zoning: RA-5 (per King County)
Lot: 232,726 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Floor and use mix: Storage Warehouse 10,920 SF (county building sections)