MakeMe Estimate: $6.17M (estimated market value), with a likely range of $4.42M to $7.76M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 3 comparable sales within 3 miles; nearest 1.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $6,000,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than 3x apart from) the $480.96/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.
Market context: Retail in Seattle
median verified sale $513.43/SF over the trailing 24 months; 32 sales in the last 12 months and 73 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.52x to 1.53x their county assessed value, median 1.04x (73 sales with usable county values).
2022: $492.06/SF median (49 sales)
2023: $458.42/SF median (24 sales)
2024: $551.78/SF median (34 sales)
2025: $510.82/SF median (41 sales)
2026 YTD: $552.67/SF median (9 sales)
This estimate sits at 1.05x county assessed value, the 51st percentile of those recent sale premiums.
Computed from 1,875 verified arm's-length sales in King County public records (73 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-08-29 for $6,000,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-08-29: $6,000,000 from Boardwalk Holdings LLC to Rain City Property LLC, rec. 20220915000506
2003-12-23: $1,190,000 from Chevron USA INC to Boardwalk Holdings LLC, rec. 20031230000243
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 $2,232,300 (2011) to $5,886,500 (2026), up 164% over 15 years, per county tax rolls. The 2026 roll splits $5,886,500 into $5,165,800 land and $720,700 improvements.
Zoning: NC2P-55 (M) (per King County)
Lot: 15,654 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Floor and use mix: Mini-Mart Convenience Store 1,861 SF (county building sections)