Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 86% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
Usable building area
115,900 SF, King County Assessor
Lot size
187,545 SF, King County Assessor
Year built
1974, King County Assessor
Stories
1, King County Assessor
Predominant use
Warehouse, King County Assessor
Assessed value
$24,467,300, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$211.11/SF, derived from assessor records
Usable area / lot
0.62, derived from assessor records
Vintage
1970s vintage
Zoning
IM, King County
County use code
Warehouse
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $27.5M (estimated market value), with a likely range of $22.6M to $31.1M (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.
moderate confidence: 7 comparable sales within 3 miles; nearest 0.2 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. The strongest 5 of 7 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Industrial in Renton
median verified sale $215.65/SF over the trailing 24 months; 4 sales in the last 12 months and 5 in 24 (newest verified sale 2026-04).
Computed from 204 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2017-07-11 for $15,190,000 (recorded arm's-length sale).
Current ownership dates to 2017 (about 9 years) per recorded transfers.
2017-07-11: $15,190,000 from Lightning Propco I LLC to Ic Industrial REIT, rec. 20170712001816
2014-05-30: $23,600,000 from Prologis Targeted US Logistics Fund LP to Lightning Propco I LLC (part of a 2-parcel sale; price is the whole deal), rec. 20140602001610
2010-11-19: transfer from Amb Partners II LP to Amb US Logisticis Fund LP (non-market transfer), rec. 20101202000101
2001-01-24: $5,270,000 from Crow Family Holdings Industrial Limited Partnershi… to Amb Partners II LP, rec. 20010215001564
1998-06-30: $4,170,000 from Earlington Limited Partnership to Crow Family Holdings Industrial L P, rec. 199807161292
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 $5,958,300 (2011) to $24,467,300 (2026), up 311% over 15 years, per county tax rolls. The 2026 roll splits $24,467,300 into $4,219,700 land and $20,247,600 improvements.
Zoning: IM (per King County)
Lot: 187,545 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Warehouse, Distribution 99,576 SF; Warehouse Office 16,324 SF (county building sections)