7700 2nd Ave S, Seattle, WA 98108

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

Imagery suggests: standard warehouse. 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 AI estimate from public imagery; may be outdated.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 1,229 reachable small-bay industrial buildings in Seattle. Larger than 80% of small-bay industrial buildings in Seattle (median 14,469 SF), derived from assessor records.

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Building size: 36,982 SF, King County Assessor
Lot size: 55,195 SF, King County Assessor
Year built: 1979, King County Assessor
Stories: 1, King County Assessor
Predominant use: Whse, King County Assessor
Assessed value: $7,292,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $197.18/SF, derived from assessor records
Lot coverage: 67%, derived from assessor records
Vintage: 1970s vintage
Zoning: MML U/85, King County
County use code: Warehouse
Construction (observed): tilt up, 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.

233 S Holden St, Seattle · 0 mi · 6,644 SF · built 1965 · assessed $296.73/SF
218 S Holden St, Seattle · 0 mi · 2,480 SF · built 1959 · assessed $167.98/SF
7620 2nd Ave S, Seattle · 0 mi · 10,560 SF · built 1973 · assessed $224.48/SF
222 S Holden St, Seattle · 0 mi · 7,400 SF · built 1970 · assessed $167.97/SF
230 S Chicago St, Seattle · 0 mi · 25,292 SF · built 1998 · assessed $234.27/SF
241 S Holden St, Seattle · 0.1 mi · 10,300 SF · built 1989 · assessed $197.18/SF

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Sale history and market context

MakeMe Estimate: $9,928,071 (estimated market value), with a likely range of $8,561,246 to $11,076,110 (half of recent verified sales in this segment landed inside that range). Based on 96 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2022-01-10 for $11,250,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-01-10: $11,250,000 from Rle Properties LLC to Iv1 7700 2nd Ave S LLC, rec. 20220114001913

2018-05-29: $4,398,500 from Private party to Rle Properties LLC, rec. 20180531001048

1996-05-30: $1,100,000 from Warehouse Associates to Private party, rec. 199605310831

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 $2,888,700 (2011) to $7,292,100 (2026), up 152% over 15 years, per county tax rolls. The 2026 roll splits $7,292,100 into $3,173,700 land and $4,118,400 improvements.

Zoning: MML U/85 (per King County)

Lot: 55,195 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Warehouse, Distribution 36,982 SF (county building sections)

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