45554 SE North Bend Way, North Bend, WA 98045

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

Imagery suggests: industrial storage park, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 27 reachable small-bay industrial buildings in North Bend. Larger than 41% of small-bay industrial buildings in North Bend (median 9,466 SF), derived from assessor records.

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Building size
9,060 SF, King County Assessor
Lot size
110,544 SF, King County Assessor
Year built
1989, King County Assessor
Stories
1, King County Assessor
Buildings on parcel
2, King County Assessor
Predominant use
Mini Storage - No Foundation Or Power, King County Assessor
Assessed value
$1,577,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF
$174.13/SF, derived from assessor records
Lot coverage
8%, derived from assessor records
Vintage
1980s vintage
Zoning
EP, King County
County use code
Service Building
Construction (observed)
metal, AI estimate from public imagery
Parking (observed)
surface lot, AI estimate from public imagery

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: $4,104,188 (estimated market value), with a likely range of $2,882,131 to $4,545,393 (half of recent verified sales in this segment landed inside that range). Based on 86 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2019-11-06 for $1,650,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

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

Value over time

$634K$1.27M$1.9M$2.53M201120142017202020232026$1.65MCounty appraised valueEstimated value (modeled range)Recorded sale

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 $780,500 (2011) to $1,577,600 (2026), up 102% over 15 years, per county tax rolls. The 2026 roll splits $1,577,600 into $1,326,500 land and $251,100 improvements.

Taxes

Permit history

Source: King County permit records (newest first).