34622 West Valley Hwy S, Algona, WA 98001

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

One of 22 reachable small-bay industrial buildings in Algona. Larger than 9% of small-bay industrial buildings in Algona (median 57,582 SF), derived from assessor records.

Usable building area: 8,816 SF, King County Assessor
Lot size: 39,500 SF, King County Assessor
Year built: 1982, King County Assessor
Stories: 1, King County Assessor
Buildings on parcel: 4, King County Assessor
Predominant use: Service Building, King County Assessor
Assessed value: $2,087,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF: $236.73/SF, derived from assessor records
Usable area / lot: 0.22, derived from assessor records
Vintage: 1980s vintage
Zoning: C-3, King County
County use code: Service Building

Nearby comparable buildings

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

34721 West Valley Hwy S, Algona · 0.1 mi · 17,950 SF · built 2003 · assessed $180.31/SF
100 10th Ave N, Algona · 0.2 mi · 24,135 SF · built 1977 · assessed $138.26/SF
901 Algona Blvd N, Algona · 0.2 mi · 20,037 SF · built 2006 · assessed $36.10/SF
101 8th Ave N, Algona · 0.3 mi · 11,014 SF · built 1971 · assessed $84.47/SF
103 Washington Blvd, Algona · 1.1 mi · 2,952 SF · built 2004 · assessed $205.76/SF

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Sale history and market context

MakeMe Estimate: $2.42M (estimated market value), with a likely range of $2.21M to $3.03M (half of recent verified sales in this segment landed inside that range). Based on 5 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: 2014-03-26 for $750,000 (recorded arm's-length sale).

Current ownership dates to 2014 (about 12 years) per recorded transfers.

2014-03-26: $750,000 from Private party to 3d 346 LLC, rec. 20140328001377

2 administrative transfers (no consideration), 2001 to 2008

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 $433,200 (2011) to $2,087,000 (2026), up 382% over 15 years, per county tax rolls. The 2026 roll splits $2,087,000 into $592,500 land and $1,494,500 improvements.

Zoning: C-3 (per King County)

Lot: 39,500 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Garage, Service Repair 7,716 SF; Office Building 1,100 SF (county building sections)

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