5527 Airport Way S, Seattle, WA 98108

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: urban storefront retail, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 60% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 6,800 SF, King County Assessor
Lot size: 6,500 SF, King County Assessor
Year built: 1950, King County Assessor
Stories: 2, King County Assessor
Predominant use: Antiques & Hall, King County Assessor
Assessed value: $1,270,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $186.76/SF, derived from assessor records
Lot coverage: 105%, derived from assessor records
Vintage: 1950s vintage
Zoning: NC3-55 (M), King County
County use code: Retail Store
Construction (observed): masonry, 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.

5609 Corson Ave S, Seattle · 0 mi · 1,793 SF · built 1926 · assessed $292.86/SF
5503 Airport Way S, Seattle · 0.1 mi · 1,476 SF · built 1902 · assessed $227.37/SF
5813 Airport Way S, Seattle · 0.2 mi · 11,264 SF · built 1905 · assessed $163.40/SF
5913 Airport Way S, Seattle · 0.2 mi · 2,204 SF · built 1900 · assessed $158.89/SF
5909B Airport Way S, Seattle · 0.2 mi · 5,393 SF · built 1900 · assessed $215/SF
5905 Airport Way S, Seattle · 0.2 mi · 2,073 SF · built 1900 · assessed $284.42/SF

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Sale history and market context

MakeMe Estimate: $1,491,605 (estimated market value), with a likely range of $1,246,089 to $1,689,975 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

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

2019-04-12: $4,250,000 from Private party to Airport Way Properties LLC (part of a 3-parcel sale; price is the whole deal), rec. 20190412001137

1992-04-09: $375,000 from Aeronautical Machinists INC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199204101743

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 $666,800 (2011) to $1,270,000 (2026), up 90% over 15 years, per county tax rolls. The 2026 roll splits $1,270,000 into $390,000 land and $880,000 improvements.

Zoning: NC3-55 (M) (per King County)

Lot: 6,500 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Mixed Use Retail 3,600 SF; Storage Warehouse 3,200 SF (county building sections)

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