Commercial · Kirkland · Seattle-Bellevue metro, WA
One of 138 reachable commercial buildings in Kirkland. Larger than 67% of commercial buildings in Kirkland (median 10,632 SF), derived from assessor records.
Usable building area
35,627 SF, King County Assessor
Lot size
58,806 SF, King County Assessor
Year built
2000, King County Assessor
Stories
2, King County Assessor
Predominant use
Retirement Facility, King County Assessor
Units
50, King County Assessor
Assessed value
$8,655,300, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$242.94/SF, derived from assessor records
Usable area / lot
0.61, derived from assessor records
Vintage
2000s vintage
Zoning
TL 1B, King County
County use code
Retirement Facility
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $11.3M (estimated market value), with a likely range of $9.39M to $13.6M (half of recent verified sales in this segment landed inside that range). Based on 6 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 2.7 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. Buyer and seller names are withheld. Get this data via API.
Last sold: 2005-07-22 for $14,500,000 (recorded arm's-length sale).
Current ownership dates to 2020 (about 6 years) per recorded transfers.
2020-12-18: $31,099,837 from HCP Kirkland LLC to Totem Lake BLVD Kirkland LLC, rec.
2005-07-22: $14,500,000 from Aegis of Kirkland LLC to HCP Kirkland LLC, rec. 20050803002044
1999: transferred to Aegis of Kirkland LLC, no consideration (4 recorded transfers, 1998 to 1999)
1998-09-23: $600,000 from Oakmont Investments to Aegis Assisted Living LLC, rec. 199809282529
1998-09-23: $600,000 from Private party to Oakmont Investments, rec. 199809282526
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 $4,150,000 (2011) to $8,655,300 (2026), up 109% over 15 years, per county tax rolls. The 2026 roll splits $8,655,300 into $4,116,400 land and $4,538,900 improvements.
Zoning: TL 1B (per King County)
Lot: 58,806 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Multiple Residences Assisted Living (Low Rise) 35,627 SF (county building sections)