401 South Fork Ave SW, North Bend, WA 98045
Small-Bay Industrial · North Bend · Seattle-Bellevue metro, WA
One of 33 reachable small-bay industrial buildings in North Bend. Larger than 97% of small-bay industrial buildings in North Bend (median 8,560 SF), derived from assessor records.
- Usable building area
- 401,516 SF, King County Assessor
- Lot size
- 1,488,445 SF, King County Assessor
- Year built
- 1991, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 3, King County Assessor
- Predominant use
- Distribution Warehouse, King County Assessor
- Assessed value
- $66,749,100, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $166.24/SF, derived from assessor records
- Usable area / lot
- 0.27, derived from assessor records
- Vintage
- 1990s vintage
- Zoning
- BP, King County
- County use code
- Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
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Sale history and market context
MakeMe Estimate: $78M (estimated market value), with a likely range of $64M to $88.2M (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 21.4 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 510 Andover Park W, Tukwila: $27,080,000 (2025-12), 122,762 SF, $220.59/SF, built 1976, 21.4 mi away (different city)
- 745 Andover Park E, Tukwila: $20,250,000 (2025-01), 108,445 SF, $186.73/SF, built 1974, 21.4 mi away (different city)
- 6013 S 194th St, Kent: $22,500,000 (2025-10), 130,614 SF, $172.26/SF, built 1987, 22 mi away (different city)
- 6838 S 234th St, Kent: $70,850,000 (2024-08), 303,762 SF, $233.24/SF, built 1975, 22 mi away (different city)
- 23200 64th Ave S, Kent: $23,275,000 (2026-04), 128,798 SF, $180.71/SF, built 1995, 22.3 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.
Current ownership dates to 1990 (about 36 years) per recorded transfers.
- 1990-05-09: $19,986,401 from I-90 East Limited Partnership to Private party (part of a 4-parcel sale; price is the whole deal), rec. 199005091053
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 $14,334,100 (2011) to $66,749,100 (2026), up 366% over 15 years, per county tax rolls. The 2026 roll splits $66,749,100 into $3,349,000 land and $63,400,100 improvements.
- Zoning: BP (per King County)
- Lot: 1,488,445 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Private
- Street surface: Paved
- Floor and use mix: Mega Warehouse 274,121 SF; Warehouse Office 7,751 SF; Garage, Storage 600 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)