Small-Bay Industrial · Algona · Seattle-Bellevue metro, WA
One of 22 reachable small-bay industrial buildings in Algona. Larger than 64% of small-bay industrial buildings in Algona (median 57,582 SF), derived from assessor records.
Usable building area
187,750 SF, King County Assessor
Lot size
390,830 SF, King County Assessor
Year built
1987, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$33,395,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$177.87/SF, derived from assessor records
Usable area / lot
0.48, derived from assessor records
Vintage
1980s vintage
Zoning
M-1, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $38.9M (estimated market value), with a likely range of $31.9M to $44M (half of recent verified sales in this segment landed inside that range). Based on 7 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 0.9 mi. This property type carries wider measured error; treat the estimate as a starting point.
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.
Last sold: 2001-10-24 for $8,200,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2012: transferred to Algona A & D LLC, no consideration (2 recorded transfers, 2006 to 2012)
2001-10-24: $8,200,000 from C S Algona Warehouse INC to Private party, rec. 20011025001527
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 $7,901,600 (2011) to $33,395,700 (2026), up 323% over 15 years, per county tax rolls. The 2026 roll splits $33,395,700 into $5,471,600 land and $27,924,100 improvements.
Zoning: M-1 (per King County)
Lot: 390,830 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 180,400 SF; Warehouse Office 7,350 SF (county building sections)