11431 NE 124th St, Kirkland, WA 98034

NNN Retail · Kirkland · Seattle-Bellevue metro, WA

Imagery suggests: freestanding restaurant. 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 AI estimate from public imagery; may be outdated.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 149 reachable nnn retail buildings in Kirkland. Larger than 51% of nnn retail buildings in Kirkland (median 6,837 SF), derived from assessor records.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Claim or manage this building

Building size: 7,312 SF, King County Assessor
Lot size: 16,670 SF, King County Assessor
Year built: 1985, King County Assessor
Stories: 1, King County Assessor
Predominant use: Restaurant, King County Assessor
Assessed value: $3,231,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $441.96/SF, derived from assessor records
Lot coverage: 44%, derived from assessor records
Vintage: 1980s vintage
Zoning: TL 10A, King County
County use code: Restaurant/Lounge
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

11438 NE 124th St, Kirkland · 0 mi · 2,584 SF · built 1969 · assessed $532.51/SF
11450 NE 124th St, Kirkland · 0.1 mi · 2,635 SF · built 2023 · assessed $1,346/SF
11410 NE 124th St, Kirkland · 0.1 mi · 30,240 SF · built 1984 · assessed $327.86/SF
11325 NE 124th St, Kirkland · 0.1 mi · 8,558 SF · built 1992 · assessed $420.66/SF
12507 116th Ave NE, Kirkland · 0.1 mi · 4,192 SF · built 1993 · assessed $493.70/SF
12412 116th Ave NE, Kirkland · 0.1 mi · 1,798 SF · built 1970 · assessed $1,944/SF

Want to talk to the owner? makeme1031 delivers a private, principal-to-principal letter to the owner of record. We never publish the owner's identity or address.

Sale history and market context

MakeMe Estimate: $4,049,547 (estimated market value), with a likely range of $3,382,995 to $4,588,099 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2007-09-27 for $2,900,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-12-06: transfer from Ramos Properties LLC to Private party (non-market transfer), rec. 20230221000974

2007-09-27: $2,900,000 from G&I IV Kirkland LLC to Ramos Properties LLC, rec. 20070927000749

2006-05-24: $34,848,500 from Newtower Trust Company to G&I IV Kirkland LLC (part of a 6-parcel sale; price is the whole deal), rec. 20060524002232

1997-11-18: $6,758,000 from Private party to Riggs & CO (part of a 2-parcel sale; price is the whole deal), rec. 199711211030

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 $1,989,800 (2011) to $3,231,600 (2026), up 62% over 15 years, per county tax rolls. The 2026 roll splits $3,231,600 into $833,500 land and $2,398,100 improvements.

Zoning: TL 10A (per King County)

Lot: 16,670 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Restaurant, Table Service 7,312 SF (county building sections)

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