4020 Leary Way NW, Seattle, WA 98107

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

One of 1,229 reachable small-bay industrial buildings in Seattle. Larger than 59% of small-bay industrial buildings in Seattle (median 14,469 SF), derived from assessor records.

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Building size: 18,084 SF, King County Assessor
Lot size: 13,294 SF, King County Assessor
Year built: 1995, King County Assessor
Stories: 3, King County Assessor
Buildings on parcel: 3, King County Assessor
Predominant use: Loft, King County Assessor
Assessed value: $4,081,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $225.71/SF, derived from assessor records
Lot coverage: 136%, derived from assessor records
Vintage: 1990s vintage
Zoning: C1-55 (M), King County
County use code: Warehouse
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

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

4101 Leary Way NW, Seattle · 0.1 mi · 2,260 SF · built 1984 · assessed $282.52/SF
4000 6th Ave NW, Seattle · 0.1 mi · 3,925 SF · built 1926 · assessed $416.48/SF
4020 6th Ave NW, Seattle · 0.1 mi · 2,136 SF · built 1958 · assessed $472.24/SF
600 NW 40th St, Seattle · 0.1 mi · 16,000 SF · built 1987 · assessed $243.53/SF
4121 6th Ave NW, Seattle · 0.1 mi · 15,143 SF · built 1945 · assessed $200.92/SF
3920 6th Ave NW, Seattle · 0.1 mi · 42,176 SF · built 1981 · assessed $269.13/SF

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Sale history and market context

MakeMe Estimate: $5,476,307 (estimated market value), with a likely range of $4,722,369 to $6,109,564 (half of recent verified sales in this segment landed inside that range). Based on 96 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 1990-08-17 for $160,000 (recorded arm's-length sale).

Current ownership dates to 1990 (about 36 years) per recorded transfers.

2025-12-09: transfer from 41st Street Partners LP to 41st Street Partners Property LLC (non-market transfer), rec. 20251209000768

1990-08-17: $160,000 from Private party to 41st Street Partners L P, rec. 199008200703

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $1,464,800 (2011) to $4,081,800 (2026), up 179% over 15 years, per county tax rolls. The 2026 roll splits $4,081,800 into $2,924,600 land and $1,157,200 improvements.

Zoning: C1-55 (M) (per King County)

Lot: 13,294 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Loft 18,084 SF (county building sections)

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