9040 Willows Rd NE, Redmond, WA 98052
Small-Bay Industrial · Redmond · Seattle-Bellevue metro, WA
One of 298 reachable small-bay industrial buildings in Redmond. Larger than 81% of small-bay industrial buildings in Redmond (median 37,436 SF), derived from assessor records.
- Usable building area
- 95,648 SF, King County Assessor
- Lot size
- 304,920 SF, King County Assessor
- Year built
- 1967, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 2, King County Assessor
- Predominant use
- Industrial Warehouse, King County Assessor
- Assessed value
- $27,443,800, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $286.92/SF, derived from assessor records
- Usable area / lot
- 0.31, derived from assessor records
- Vintage
- 1960s vintage
- Zoning
- MP, King County
- County use code
- Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 9117 151st Ave NE, Redmond · 0.1 mi · 40,600 SF · built 1980 · assessed $233.95/SF
- 9255 151st Ave NE, Redmond · 0.1 mi · 24,320 SF · built 1979 · assessed $228.31/SF
- 14715 NE 95th St, Redmond · 0.1 mi · 34,571 SF · built 1979 · assessed $254.69/SF
- 9003 151st Ave NE, Redmond · 0.1 mi · 26,530 SF · built 1974 · assessed $265.32/SF
- 14615 NE 91st St, Redmond · 0.2 mi · 47,225 SF · built 1973 · assessed $83.65/SF
- 15135 NE 92nd St, Redmond · 0.2 mi · 35,573 SF · built 1979 · assessed $225.53/SF
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Sale history and market context
MakeMe Estimate: $35.3M (estimated market value), with a likely range of $26.4M to $41.8M (half of recent verified sales in this segment landed inside that range). Based on 5 verified arm's-length comparable sales (through 2026-06-01). The county roll carries a nominal improvement value for this parcel, so the estimate leans on comparable sales and the county-confirmed building area rather than the county land and improvement split. Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 55% above the $238.20/SF median of the shown comparable sales.
Comparable sales used as evidence
- 12530 135th Ave NE, Kirkland: $10,000,000 (2023-10), 30,001 SF, $333.32/SF, built 1980, 2.1 mi away (different city)
- 15902 Woodinville Redmond Rd NE, Woodinville: $34,233,372 (2023-12), 159,532 SF, $214.59/SF, built 2018, 4.1 mi away (different city)
- 19211 144th Ave NE, Woodinville: $9,300,000 (2024-07), 48,776 SF, $190.67/SF, built 1974, 5.7 mi away (different city)
- 14051 NE 200th St, Woodinville: $24,500,000 (2022-10), 66,970 SF, $365.84/SF, built 1998, 6.1 mi away (different city)
- 20485 144th Ave NE, Woodinville: $10,000,000 (2022-07), 41,982 SF, $238.20/SF, built 1995, 6.3 mi away (different city)
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 Redmond
median verified sale $445.09/SF over the trailing 24 months; 5 sales in the last 12 months and 6 in 24 (newest verified sale 2026-05).
Computed from 238 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
Current ownership dates to 1998 (about 28 years) per recorded transfers.
- 1998-06-22: $5,237,000 from Private party to South Cove Ventures II LLC (part of a 2-parcel sale; price is the whole deal), rec. 199806242279
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $7,364,800 (2011) to $27,443,800 (2026), up 273% over 15 years, per county tax rolls. The 2026 roll splits $27,443,800 into $27,442,800 land and $1,000 improvements.
- Zoning: MP (per King County)
- Lot: 304,920 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Warehouse, Distribution 85,000 SF; Warehouse Office 6,658 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)