2850 SW Yancy St, Seattle, WA 98126

NNN Industrial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: industrial flex. 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 AI estimate from public imagery; may be outdated.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 42 reachable nnn industrial buildings in Seattle. Larger than 40% of nnn industrial buildings in Seattle (median 87,332 SF), derived from assessor records.

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Building size: 66,610 SF, King County Assessor
Lot size: 66,871 SF, King County Assessor
Year built: 1994, King County Assessor
Stories: 3, King County Assessor
Buildings on parcel: 3, King County Assessor
Predominant use: Mini-Warehouse - Bldg A, King County Assessor
Assessed value: $10,369,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $155.67/SF, derived from assessor records
Lot coverage: 100%, derived from assessor records
Vintage: 1990s vintage
Zoning: UI U/85, King County
County use code: Mini Warehouse
Construction (observed): tilt up, AI estimate from public imagery
Parking (observed): none visible, 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.

2964 SW Avalon Way, Seattle · 0.1 mi · 98,475 SF · built 1997 · assessed $148.23/SF
3252 Harbor Ave SW, Seattle · 0.4 mi · 104,022 SF · built 2019 · assessed $154.47/SF
2328 Harbor Ave SW, Seattle · 1 mi · 129,487 SF · built 2022 · assessed $169.02/SF
6343 35th Ave SW, Seattle · 1.6 mi · 52,088 SF · built 1969 · assessed $128.36/SF
5945 W Marginal Way SW, Seattle · 1.8 mi · 121,114 SF · built 2021 · assessed $193.85/SF
2400 1st Ave S, Seattle · 1.9 mi · 25,821 SF · built 1925 · assessed $168.77/SF

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Sale history and market context

MakeMe Estimate: $11,710,187 (estimated market value), with a likely range of $9,425,681 to $13,542,370 (half of recent verified sales in this segment landed inside that range). Based on 22 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2019-09-16 for $13,865,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

2019-09-16: $13,865,000 from Stor-More West Seattle Spe Borrower LLC to Life Yancy 653 LLC, rec. 20190925000781

2 administrative transfers (no consideration), 2001 to 2014

1993-06-06: $671,640 from Avalon Associates to Private party, rec. 199306110896

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 $5,478,900 (2011) to $10,369,200 (2026), up 89% over 15 years, per county tax rolls. The 2026 roll splits $10,369,200 into $2,340,400 land and $8,028,800 improvements.

Zoning: UI U/85 (per King County)

Lot: 66,871 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Mini Warehouse, Hi-Rise 64,820 SF; Apartment 1,210 SF; Office Building 580 SF (county building sections)

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