301 1st Ave E, Algona, WA 98047

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

One of 22 reachable small-bay industrial buildings in Algona. Larger than 0% of small-bay industrial buildings in Algona (median 57,582 SF), derived from assessor records.

Usable building area: 1,760 SF, King County Assessor
Lot size: 27,442 SF, King County Assessor
Year built: 1963, King County Assessor
Stories: 2, King County Assessor
Predominant use: Sfr, King County Assessor
Assessed value: $434,800, per the King County Assessor (not a market appraisal)
Assessed value per usable SF: $247.05/SF, derived from assessor records
Usable area / lot: 0.06, derived from assessor records
Vintage: 1960s vintage
Zoning: M-1, King County
County use code: Industrial(Lignt)

Nearby comparable buildings

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

103 Washington Blvd, Algona · 0.7 mi · 2,952 SF · built 2004 · assessed $205.76/SF

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Sale history and market context

MakeMe Estimate: $684K (estimated market value), with a likely range of $561K to $773K (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 0 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales

No nearby verified sales clear our evidence bar for this building right now. We show only real arm's-length sales inside the market's $/SF integrity band, never junk transfers.

Last sold: 1994-08-29 for $115,000 (recorded arm's-length sale).

Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.

2021-06-15: $10,015,015 from Jah Algona LLC to Cref3 Algona Owner LLC (part of a 2-parcel sale; price is the whole deal), rec. 20210616001682

2015: transferred to Jah Algona LLC, no consideration (2 recorded transfers, 2004 to 2015)

1994-08-29: $115,000 from Private party to Private party, rec. 199408312198

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 $176,000 (2011) to $434,800 (2026), up 147% over 15 years, per county tax rolls. The 2026 roll splits $434,800 into $384,100 land and $50,700 improvements.

Zoning: M-1 (per King County)

Lot: 27,442 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Residence 1,760 SF (county building sections)

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