MakeMe Estimate: $23.8M (estimated market value), with a likely range of $21M to $27.5M (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). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 4.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $21,264,140 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price.
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: Office in Kent
median verified sale $348.30/SF over the trailing 24 months; 7 sales in the last 12 months and 10 in 24 (newest verified sale 2026-04); the middle 80% of recent sales traded at 1.02x to 1.99x their county assessed value, median 1.27x (10 sales with usable county values).
2022: $240/SF median (11 sales)
2023: $328.95/SF median (6 sales)
2024: $348.30/SF median (5 sales)
2025: $336.81/SF median (5 sales)
This estimate sits at 1.13x county assessed value, the 40th percentile of those recent sale premiums.
Computed from 255 verified arm's-length sales in King County public records (10 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-01-28 for $21,264,140 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-01-28: $21,264,140 from Kent Business Campus Associates LLC to Fast Lane Investments 2 LLC, rec. 20220128000824
2001-04-02: $8,000,000 from Kent Campus Investments LLC to Kent Business Campus Associates LLC, rec. 20010402001767
1999-04-20: $5,368,200 from Kent Business Campus LLC to Kent Campus Investments LLC, rec. 199905032288
1996-10-08: $4,475,000 from Baldwin Park Limited Partnership to Kent Business Campus LLC, rec. 199610221306
1996-09-11: transfer from KBC Partnership to Baldwin Park Limited Partnership (non-market transfer), rec. 199609111457
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 $11,000,000 (2011) to $21,061,500 (2026), up 91% over 15 years, per county tax rolls. The 2026 roll splits $21,061,500 into $5,560,800 land and $15,500,700 improvements.
Zoning: I2 (per King County)
Lot: 264,801 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Office Building 62,453 SF; Industrial Flex Buildings 35,968 SF; Line Retail 8,880 SF; Retail Store 1,862 SF (county building sections)