851 SW 34th St, Renton, WA 98057

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

Imagery suggests: big-box 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 AI estimate from public imagery; may be outdated.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 206 reachable small-bay industrial buildings in Renton. Larger than 93% of small-bay industrial buildings in Renton (median 18,740 SF), derived from assessor records.

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Building size: 171,710 SF, King County Assessor
Lot size: 292,581 SF, King County Assessor
Year built: 1996, King County Assessor
Stories: 1, King County Assessor
Predominant use: Warehouse, King County Assessor
Assessed value: $36,928,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $215.06/SF, derived from assessor records
Lot coverage: 59%, derived from assessor records
Vintage: 1990s vintage
Zoning: IL, King County
County use code: Warehouse
Construction (observed): tilt up, AI estimate from public imagery
Parking (observed): none visible, 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.

800 SW 34th St, Renton · 0.1 mi · 29,618 SF · built 2005 · assessed $226.13/SF
1000 SW 34th St, Renton · 0.1 mi · 33,812 SF · built 2005 · assessed $226.12/SF
1001 SW 34th St, Renton · 0.1 mi · 41,756 SF · built 1995 · assessed $182.50/SF
701 SW 34th St, Renton · 0.1 mi · 62,010 SF · built 1996 · assessed $169.45/SF
830 SW 34th St, Renton · 0.1 mi · 37,445 SF · built 2005 · assessed $226.13/SF
810 SW 34th St, Renton · 0.1 mi · 29,396 SF · built 2005 · assessed $226.13/SF

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Sale history and market context

MakeMe Estimate: $40,114,968 (estimated market value), with a likely range of $34,592,231 to $44,753,687 (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: 2020-08-05 for $29,500,000 (recorded arm's-length sale).

Current ownership dates to 2020 (about 6 years) per recorded transfers.

2020-08-05: $29,500,000 from Adventure 95 Holdings LLC to GWL Direct 851 SW 34th LLC, rec. 20200807000706

2007-01-11: $7,271,100 from Adventrue 95 Limited Partnership to Adventure 95 Holdings LLC, rec. 20070119000417

3 administrative transfers (no consideration), 1996 to 1996

1995-08-01: $1,300,000 from O'keefe Limited Liability Company to Private party (non-market transfer), rec. 199508011294

1995-05-02: $1,024,033 from Trillium Corporation to O'keefe Limited Liability CO, rec. 199505030520

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 $8,562,200 (2011) to $36,928,500 (2026), up 331% over 15 years, per county tax rolls. The 2026 roll splits $36,928,500 into $4,096,100 land and $32,832,400 improvements.

Zoning: IL (per King County)

Lot: 292,581 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Warehouse, Distribution 149,000 SF; Warehouse Office 9,700 SF (county building sections)

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

Permit history

2025-12-02: Electrical, declared value $7,298, permit E25006172

2025-09-02: Electrical, declared value $4,034, permit E25004429

2025-01-13: Electrical, declared value $12,817 (Complete), permit E25000197

2024-11-19: Electrical, declared value $17,290 (Complete), permit E24005845

2024-01-05: Electrical, declared value $4,000 (Complete), permit E24000091

2023-06-16: Electrical, declared value $2,500 (Complete), permit E23003206

2023-01-29: Other (Complete), permit SUITE B

2023-01-11: Electrical, declared value $3,000 (Complete), permit E23000194

2021-12-10: Other, declared value $158,800 (Complete), permit M21005924

2021-12-10: Electrical, declared value $12,540 (Complete), permit E21005928

Source: King County permit records (newest first).