Small-Bay Industrial · Auburn · Seattle-Bellevue metro, WA
One of 441 reachable small-bay industrial buildings in Auburn. Larger than 95% of small-bay industrial buildings in Auburn (median 18,000 SF), derived from assessor records.
Usable building area
258,308 SF, King County Assessor
Lot size
459,404 SF, King County Assessor
Year built
1978, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$48,175,600, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$186.50/SF, derived from assessor records
Usable area / lot
0.56, derived from assessor records
Vintage
1970s vintage
Zoning
M2, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $46.2M (estimated market value), with a likely range of $38.1M to $56.5M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.2 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.
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 0.96x county assessed value, the 5th 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: 2000-09-15 for $11,826,633 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2015: transferred to Cardinal Health 110 LLC, no consideration (2 recorded transfers, 2015 to 2015)
2009-06-26: $10,933,387 from Wachovia Development Corporation to Cardinal Health 411 INC (non-market transfer), rec. 20090911000307
2003-06-27: $13,773,628 from US Bank National Association to Wachovia Development Corp (non-market transfer), rec. 20030711003000
2000-09-15: $11,826,633 from Bmo Global Capital Solutions INC to State Street Bank & Trust Company, rec. 20000926001115
1997-10-03: $9,190,000 from JMB Industrial Properties Fund II to Bmo Leasing (u S) INC, rec. 199710161658
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 $12,487,800 (2011) to $48,175,600 (2026), up 286% over 15 years, per county tax rolls. The 2026 roll splits $48,175,600 into $7,712,100 land and $40,463,500 improvements.
Zoning: M2 (per King County)
Lot: 459,404 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Mega Warehouse 206,018 SF; Cold Storage Facilities 4,886 SF (county building sections)