Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 91% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
Usable building area
137,117 SF, King County Assessor
Lot size
310,920 SF, King County Assessor
Year built
1999, King County Assessor
Stories
1, King County Assessor
Predominant use
- Distribution Warehouse, King County Assessor
Assessed value
$30,878,800, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$225.20/SF, derived from assessor records
Usable area / lot
0.44, derived from assessor records
Vintage
1990s vintage
Zoning
IM, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $35.1M (estimated market value), with a likely range of $28.8M to $39.7M (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: 7 comparable sales within 3 miles; nearest 0.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 29% above the $197.84/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 7 nearby verified sales are shown. 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.
Current ownership dates to 2007 (about 19 years) per recorded transfers.
2007-01-16: $49,600,000 from Zelman Renton LLC+SCM Oakesdale LLC to Oakesdale Business Park LLC (part of a 3-parcel sale; price is the whole deal), rec. 20070118001912
2007: transferred to SCM Oakesdale Partners LLC, no consideration (3 recorded transfers, 2007 to 2007)
1997-12-02: $3,000,900 from Private party to Zelman Renton LLC (part of a 4-parcel sale; price is the whole deal), rec. 199712021529
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. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $9,861,000 (2011) to $30,878,800 (2026), up 213% over 15 years, per county tax rolls. The 2026 roll splits $30,878,800 into $6,733,200 land and $24,145,600 improvements.
Zoning: IM (per King County)
Lot: 310,920 sq ft
Site notes: Contamination noted
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 110,579 SF; Warehouse Office 18,538 SF (county building sections)