2856 NW Market St, Seattle, WA 98107

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

One of 1,229 reachable small-bay industrial buildings in Seattle. Larger than 48% of small-bay industrial buildings in Seattle (median 14,469 SF), derived from assessor records.

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Building size: 13,762 SF, King County Assessor
Lot size: 5,675 SF, King County Assessor
Year built: 1965, King County Assessor
Stories: 3, King County Assessor
Predominant use: Artist Studio Loft, King County Assessor
Assessed value: $3,285,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $238.74/SF, derived from assessor records
Lot coverage: 243%, derived from assessor records
Vintage: 1960s vintage
Zoning: NC3-75 (M2), King County
County use code: Industrial(Gen Purpose)
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.

2629 NW 54th St, Seattle · 0.2 mi · 53,364 SF · built 1931 · assessed $115.24/SF
2601 NW Market St, Seattle · 0.2 mi · 14,400 SF · built 1943 · assessed $210.47/SF
2611 NW 54th St, Seattle · 0.2 mi · 16,063 SF · built 1931 · assessed $255.59/SF
2425 NW 54th St, Seattle · 0.3 mi · 41,853 SF · built 1925 · assessed $111.36/SF
5466 Shilshole Ave NW, Seattle · 0.4 mi · 5,819 SF · built 1924 · assessed $210.74/SF
2315 NW Market St, Seattle · 0.4 mi · 4,598 SF · built 1953 · assessed $257.55/SF

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Sale history and market context

MakeMe Estimate: $3,872,633 (estimated market value), with a likely range of $2,719,524 to $4,288,945 (half of recent verified sales in this segment landed inside that range). Based on 86 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2024-08-26 for $3,750,000 (recorded arm's-length sale).

Current ownership dates to 2024 (about 2 years) per recorded transfers.

2024-08-26: $3,750,000 from Ballardworks LLC to Bobolink Studios LLC, rec. 20240827001157

2 administrative transfers (no consideration), 2014 to 2015

2005-05-10: $727,500 from C & G Properties INC to Ballardworks LLC, rec. 20050513002186

1990-04-17: transfer from Private party to C and G Properties INC (non-market transfer), rec. 199004240384

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 $1,263,800 (2011) to $3,285,600 (2026), up 160% over 15 years, per county tax rolls. The 2026 roll splits $3,285,600 into $1,191,700 land and $2,093,900 improvements.

Zoning: NC3-75 (M2) (per King County)

Lot: 5,675 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Loft 13,762 SF (county building sections)

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