Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 87% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
Usable building area
118,176 SF, King County Assessor
Lot size
224,316 SF, King County Assessor
Year built
1986, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$25,435,200, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$215.23/SF, derived from assessor records
Usable area / lot
0.53, derived from assessor records
Vintage
1980s vintage
Zoning
IL, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $24.1M (estimated market value), with a likely range of $19.9M to $29.5M (half of recent verified sales in this segment landed inside that range). Based on 7 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 1.2 mi. This property type carries wider measured error; treat the estimate as a starting point.
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.
Market context: Industrial in Renton
median verified sale $215.65/SF over the trailing 24 months; 4 sales in the last 12 months and 5 in 24 (newest verified sale 2026-04).
Computed from 204 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2014-10-02 for $9,975,000 (recorded arm's-length sale).
Current ownership dates to 2014 (about 12 years) per recorded transfers.
2014-10-02: $9,975,000 from James Family LLC to Terreno 3401 Lind LLC, rec. 20141003001161
2006-06-28: $8,200,000 from Arenwise Associates LLC to James Family I LLC, rec. 20060707000379
2004-11-30: transfer from Arensberg Investments to Arenwise Associates LLC (non-market transfer), rec. 20050106000211
1984-12-14: $672,948 from Private party to Arensberg Investments (non-market transfer), rec. 198412310162
1984-10-23: transfer from Glacier Park Liquidating CO to Private party (part of a 30-parcel sale; price is the whole deal), rec. 198411080000
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 $6,935,700 (2011) to $25,435,200 (2026), up 267% over 15 years, per county tax rolls. The 2026 roll splits $25,435,200 into $3,140,400 land and $22,294,800 improvements.
Zoning: IL (per King County)
Lot: 224,316 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 93,819 SF; Warehouse Office 7,248 SF; Cold Storage Facilities 5,973 SF (county building sections)