31208 NE 40th St, Carnation, WA 98014
Small-Bay Industrial · Carnation · Seattle-Bellevue metro, WA
One of 14 reachable small-bay industrial buildings in Carnation. Larger than 50% of small-bay industrial buildings in Carnation (median 4,942 SF), derived from assessor records.
- Usable building area
- 4,942 SF, King County Assessor
- Lot size
- 87,120 SF, King County Assessor
- Year built
- 1994, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 4, King County Assessor
- Predominant use
- Industrial(gen Purpose), King County Assessor
- Assessed value
- $962,800, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $194.82/SF, derived from assessor records
- Usable area / lot
- 0.06, derived from assessor records
- Vintage
- 1990s vintage
- Zoning
- LI/M, King County
- County use code
- Industrial(Gen Purpose)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 31604 NE 40th St, Carnation · 0.1 mi · 1,728 SF · built 2015 · assessed $378.70/SF
- 31500 NE 40th St, Carnation · 0.1 mi · 3,840 SF · built 1991 · assessed $203.31/SF
- 31610 NE 40th St, Carnation · 0.1 mi · 18,845 SF · built 2000 · assessed $161.05/SF
- 4165 Tolt Ave, Carnation · 0.2 mi · 3,500 SF · built 2003 · assessed $200/SF
- 300 E Eugene St, Carnation · 0.2 mi · 5,504 SF · built 1941 · assessed $103.54/SF
- 31563 W Entwistle St, Carnation · 0.2 mi · 9,683 SF · built 1917 · assessed $148.10/SF
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Sale history and market context
MakeMe Estimate: $1.28M (estimated market value), with a likely range of $1.16M to $1.6M (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: 1 comparable sale within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 29% below the $364.73/SF median of the shown comparable sales.
Comparable sales used as evidence
- 31604 NE 40th St, Carnation: $630,250 (2026-03), 1,728 SF, $364.73/SF, built 2015, 0.1 mi away
- 17635 NE 67th Ct, Redmond: $5,400,000 (2026-05), 17,344 SF, $311.35/SF, built 1985, 8.7 mi away (different city)
- 15207 NE 92nd St, Redmond: $4,050,000 (2025-10), 7,646 SF, $529.69/SF, built 1986, 10.5 mi away (different city)
- 43530 SE North Bend Way, North Bend: $1,800,000 (2025-03), 4,298 SF, $418.80/SF, built 1984, 13.5 mi away (different city)
- 102 Lake Ave S, Renton: $2,615,000 (2025-06), 8,103 SF, $322.72/SF, built 1982, 17.7 mi away (different city)
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: 2011-10-03 for $600,000 (recorded arm's-length sale).
Current ownership dates to 2011 (about 15 years) per recorded transfers.
- 2011-10-03: $600,000 from J&S Masonry INC to Jackson Property Group LLC, rec. 20111010000122
- 2004-01-12: $600,000 from Private party to J & S Masonry INC, rec. 20040120001703
- 1993-06-07: $150,000 from Private party to Private party, rec. 199306152169
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $623,700 (2011) to $962,800 (2026), up 54% over 15 years, per county tax rolls. The 2026 roll splits $962,800 into $871,200 land and $91,600 improvements.
- Zoning: LI/M (per King County)
- Lot: 87,120 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Open Office 1,928 SF; Material Storage Building 1,150 SF; Garage, Storage 1,080 SF; Storage Warehouse 784 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)