Small-Bay Industrial · Auburn · Seattle-Bellevue metro, WA
One of 441 reachable small-bay industrial buildings in Auburn. Larger than 48% of small-bay industrial buildings in Auburn (median 18,000 SF), derived from assessor records.
Usable building area
17,408 SF, King County Assessor
Lot size
42,300 SF, King County Assessor
Year built
1977, King County Assessor
Stories
1, King County Assessor
Buildings on parcel
2, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$2,582,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$148.32/SF, derived from assessor records
Usable area / lot
0.41, derived from assessor records
Vintage
1970s vintage
Zoning
C3, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $2.91M (estimated market value), with a likely range of $2.65M to $3.64M (half of recent verified sales in this segment landed inside that range). Based on 6 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 1.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 32% below the $244.75/SF median of the shown comparable sales.
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.
Market context: Industrial in Auburn
median verified sale $222.14/SF over the trailing 24 months; 8 sales in the last 12 months and 21 in 24 (newest verified sale 2026-03); the middle 80% of recent sales traded at 1.03x to 1.56x their county assessed value, median 1.17x (21 sales with usable county values).
2022: $208.74/SF median (8 sales)
2023: $275/SF median (6 sales)
2024: $251.78/SF median (13 sales)
2025: $244.64/SF median (8 sales)
This estimate sits at 1.13x county assessed value, the 43rd percentile of those recent sale premiums.
Computed from 446 verified arm's-length sales in King County public records (21 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2014-03-28 for $1,250,000 (recorded arm's-length sale).
Current ownership dates to 2014 (about 12 years) per recorded transfers.
2014-03-28: $1,250,000 from Raeder-Williams LLC to Big I Fam LLC, rec. 20140331001384
2007-02-10: $1,500,000 from Private party to Raeder-Williams LLC (part of a 2-parcel sale; price is the whole deal), rec. 20070215001831
1994-05-05: transfer from Private party to City of Auburn (non-market transfer), rec. 199408150389
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. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $1,044,500 (2011) to $2,582,000 (2026), up 147% over 15 years, per county tax rolls. The 2026 roll splits $2,582,000 into $1,142,100 land and $1,439,900 improvements.
Zoning: C3 (per King County)
Lot: 42,300 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 13,008 SF; Warehouse Office 4,400 SF (county building sections)