MakeMe Estimate: $12.1M (estimated market value), with a likely range of $8.63M to $15.1M (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: 1 comparable sale within 3 miles; nearest 0.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $16,000,000 in 2025; the estimate is about 25% 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.
Last sold: 2025-06-12 for $16,000,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-06-12: $16,000,000 from Selkirk Ridge LLC to Costco Wholesale Corporation, rec. 20250612000686
2022-06-08: $13,000,000 from Red Robin International INC to Selkirk Ridge LLC, rec. 20220610000343
2022-06-08: transfer from Private party to Selkirk Ridge LLC (non-market transfer), rec. 20220825000263
2003-08-01: $3,645,561 from Commercial Net Lease Realty INC to Red Robin International INC, rec. 20030820001460
1996-05-28: $2,857,778 from Red Robbin International INC to Captec Net Lease Realty INC, rec. 199606050604
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 $2,129,900 (2011) to $9,554,800 (2026), up 349% over 15 years, per county tax rolls. The 2026 roll splits $9,554,800 into $6,392,500 land and $3,162,300 improvements.
Zoning: UC (per King County)
Lot: 71,591 sq ft
Rated views: Other view
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Private
Street surface: Paved
Floor and use mix: Restaurant, Table Service 8,150 SF (county building sections)