MakeMe Estimate: $9.78M (estimated market value), with a likely range of $7M to $12.3M (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 5.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 54% above the $464.33/SF median of the shown comparable sales.
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.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2021-12-14: $23,000,000 from Newcastle Retail Group LLC to Shops at Newcastle LLC (part of a 2-parcel sale; price is the whole deal), rec. 20211215000233
2017-01-24: $3,500,000 from Newcastle Joint Venture LLC to Newcastle Retail Group LLC (part of a 2-parcel sale; price is the whole deal), rec. 20170124001084
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. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $1,884,600 (2018) to $7,515,400 (2026), up 299% over 8 years, per county tax rolls. The 2026 roll splits $7,515,400 into $2,369,200 land and $5,146,200 improvements.
Zoning: MU-R (per King County)
Lot: 53,847 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Retail Store 13,660 SF (county building sections)