Small-Bay Industrial · North Bend · Seattle-Bellevue metro, WA
One of 33 reachable small-bay industrial buildings in North Bend. Larger than 91% of small-bay industrial buildings in North Bend (median 8,560 SF), derived from assessor records.
Usable building area
115,575 SF, King County Assessor
Lot size
235,086 SF, King County Assessor
Year built
2023, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$21,610,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$186.98/SF, derived from assessor records
Usable area / lot
0.49, derived from assessor records
Vintage
2020s vintage
Zoning
NMU, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $26.7M (estimated market value), with a likely range of $21.9M to $30.1M (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 19.6 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.
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-12-07: $3,400,000 from Private party to Vector Tdi Alpental Logistics LLC (part of a 3-parcel sale; price is the whole deal), rec. 20211207001708
2019-07-15: transfer from Private party to Private party (part of a 3-parcel sale; price is the whole deal), rec. 20190801001080
2004-02-10: $1,556,150 from Private party to Twins Investmentsi LLC (part of a 3-parcel sale; price is the whole deal), rec. 20040213001744
1990-01-30: $35,000 from Private party to Private party, rec. 199001310895
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 $198,000 (2011) to $21,610,000 (2026), up 10814% over 15 years, per county tax rolls. The 2026 roll splits $21,610,000 into $2,821,000 land and $18,789,000 improvements.
Zoning: NMU (per King County)
Lot: 235,086 sq ft
Nuisance flags: Traffic noise
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 115,575 SF (county building sections)