605 119th Ave NE, Bellevue, WA 98005
Small-Bay Industrial · Bellevue · Seattle-Bellevue metro, WA
One of 180 reachable small-bay industrial buildings in Bellevue. Larger than 79% of small-bay industrial buildings in Bellevue (median 15,183 SF), derived from assessor records.
- Usable building area
- 29,136 SF, King County Assessor
- Lot size
- 89,747 SF, King County Assessor
- Year built
- 1960, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 3, King County Assessor
- Predominant use
- Warehouse, King County Assessor
- Assessed value
- $14,809,200, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $508.28/SF, derived from assessor records
- Usable area / lot
- 0.32, derived from assessor records
- Vintage
- 1960s vintage
- Zoning
- MU-H, King County
- County use code
- Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 12025 NE 5th St, Bellevue · 0.2 mi · 66,095 SF · built 2014
- 12014 Bel Red Rd, Bellevue · 0.3 mi · 11,014 SF · built 1970 · assessed $326.39/SF
- 12130 Bel Red Rd, Bellevue · 0.4 mi · 26,035 SF · built 1966 · assessed $298.71/SF
- 1215 120th Ave NE, Bellevue · 0.4 mi · 25,864 SF · built 1985 · assessed $498.43/SF
- 1239 120th Ave NE, Bellevue · 0.5 mi · 101,134 SF · built 1983 · assessed $459.51/SF
- 326 116th Ave SE, Bellevue · 0.6 mi · 15,000 SF · built 1968 · assessed $744.67/SF
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Sale history and market context
MakeMe Estimate: $16.3M (estimated market value), with a likely range of $14.2M to $22M (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). The county roll carries a nominal improvement value for this parcel, so the estimate leans on comparable sales and the county-confirmed building area rather than the county land and improvement split. Not an appraisal. How this estimate works.
lower confidence: 4 comparable sales within 3 miles; nearest 0.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 47% above the $381.06/SF median of the shown comparable sales.
Comparable sales used as evidence
- 1950 116th Ave NE, Bellevue: $8,000,000 (2025-09), 20,994 SF, $381.06/SF, built 1989, 0.9 mi away
- 14278 NE 21st St, Bellevue: $8,850,000 (2024-12), 23,553 SF, $375.75/SF, built 1979, 1.8 mi away
- 13150 SE 32nd St, Bellevue: $17,500,000 (2025-05), 37,798 SF, $462.99/SF, built 1982, 2.4 mi away
- 3050 152nd Ave NE, Redmond: $39,000,000 (2025-12), 111,636 SF, $349.35/SF, built 1982, 2.7 mi away (different city)
- 17275 NE 67th Ct, Redmond: $35,250,000 (2026-01), 79,221 SF, $444.96/SF, built 1984, 4.8 mi away (different city)
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 Bellevue
median verified sale $462.93/SF over the trailing 24 months; 2 sales in the last 12 months and 5 in 24 (newest verified sale 2026-05).
Computed from 115 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
- 2022-02-28: transfer from Mutual Materials Company to Mutual Real Estate Holdings LLC (part of a 2-parcel sale; price is the whole deal), rec. 20220301000065
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $6,283,200 (2011) to $14,809,200 (2026), up 136% over 15 years, per county tax rolls. The 2026 roll splits $14,809,200 into $14,808,200 land and $1,000 improvements.
- Zoning: MU-H (per King County)
- Lot: 89,747 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Warehouse, Distribution 16,000 SF; Office Building 11,038 SF; Garage, Service Repair 2,098 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)