2964 SW Avalon Way, Seattle, WA 98126

NNN Industrial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: self-storage facility, 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 AI estimate from public imagery; may be outdated.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 42 reachable nnn industrial buildings in Seattle. Larger than 60% of nnn industrial buildings in Seattle (median 87,332 SF), derived from assessor records.

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Building size: 98,475 SF, King County Assessor
Lot size: 34,727 SF, King County Assessor
Year built: 1997, King County Assessor
Stories: 4, King County Assessor
Predominant use: Mini-Warehouse, King County Assessor
Assessed value: $14,597,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $148.23/SF, derived from assessor records
Lot coverage: 284%, derived from assessor records
Vintage: 1990s vintage
Zoning: C2-55 (M), King County
County use code: Mini Warehouse
Construction (observed): metal, AI estimate from public imagery
Parking (observed): street only, 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.

2850 SW Yancy St, Seattle · 0.1 mi · 66,610 SF · built 1994 · assessed $155.67/SF
3252 Harbor Ave SW, Seattle · 0.3 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 · 1.7 mi · 52,088 SF · built 1969 · assessed $128.36/SF
5945 W Marginal Way SW, Seattle · 1.9 mi · 121,114 SF · built 2021 · assessed $193.85/SF
2400 1st Ave S, Seattle · 2 mi · 25,821 SF · built 1925 · assessed $168.77/SF

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Sale history and market context

MakeMe Estimate: $15,799,203 (estimated market value), with a likely range of $12,716,983 to $18,271,156 (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.

Current ownership dates to 1996 (about 30 years) per recorded transfers.

2012-05-01: transfer from Shurgard Storage Centers LLC to Private party (part of a 15-parcel sale; price is the whole deal), rec. 20120510000849

1996-06-06: $647,500 from West Seattle Development Corp to Shurgard Storage Centers INC (part of a 2-parcel sale; price is the whole deal), rec. 199606141870

1994-02-25: $600,000 from Private party to West Seattle Development Corp (part of a 2-parcel sale; price is the whole deal), rec. 199402282056

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 $7,532,900 (2011) to $14,597,300 (2026), up 94% over 15 years, per county tax rolls. The 2026 roll splits $14,597,300 into $3,646,300 land and $10,951,000 improvements.

Zoning: C2-55 (M) (per King County)

Lot: 34,727 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Mini Warehouse, Hi-Rise 98,475 SF (county building sections)

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