Small-Bay Industrial · Redmond · Seattle-Bellevue metro, WA
One of 298 reachable small-bay industrial buildings in Redmond. Larger than 47% of small-bay industrial buildings in Redmond (median 37,436 SF), derived from assessor records.
Usable building area
34,700 SF, King County Assessor
Lot size
65,339 SF, King County Assessor
Year built
1980, King County Assessor
Stories
1, King County Assessor
Predominant use
Office & Industrial, King County Assessor
Assessed value
$7,145,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$205.93/SF, derived from assessor records
Usable area / lot
0.53, derived from assessor records
Vintage
1980s vintage
Zoning
MP, King County
County use code
Industrial(Gen Purpose)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $10.4M (estimated market value), with a likely range of $7.55M to $12.9M (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: 0 comparable sales within 3 miles; nearest 4.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $9,300,000 in 2025; the estimate is about 12% apart. Treat the recorded trade as strong evidence alongside the model.
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.
Last sold: 2025-04-07 for $9,300,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-04-07: $9,300,000 from FC Industries LLC to Terreno 153rd LLC, rec. 20250409000699
2012-12-26: $2,960,000 from Valley Holdings LLC to FC Industries LLC, rec. 20121228003188
2000-05-16: $1,850,000 from Gai Family Enterprises L.p to Valley Holdings LLC, rec. 20000517001033
1993-12-02: $1,450,000 from Lamson Products Company to Gai Family Enterprises, rec. 199312031794
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 $2,610,600 (2011) to $7,145,900 (2026), up 174% over 15 years, per county tax rolls. The 2026 roll splits $7,145,900 into $5,880,500 land and $1,265,400 improvements.
Zoning: MP (per King County)
Lot: 65,339 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Floor and use mix: Industrial Light Manufacturing 22,350 SF; Warehouse Office 6,350 SF (county building sections)