14404 NE 20th St, Bellevue, WA 98007

NNN Retail · Bellevue · Seattle-Bellevue metro, WA

Imagery suggests: retail unit, appears multi-tenant. 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 AI estimate from public imagery; may be outdated.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 167 reachable nnn retail buildings in Bellevue. Larger than 84% of nnn retail buildings in Bellevue (median 9,156 SF), derived from assessor records.

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Building size: 57,380 SF, King County Assessor
Lot size: 124,076 SF, King County Assessor
Year built: 1988, King County Assessor
Stories: 2, King County Assessor
Predominant use: Discount Store, King County Assessor
Assessed value: $17,064,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $297.39/SF, derived from assessor records
Lot coverage: 46%, derived from assessor records
Vintage: 1980s vintage
Zoning: BR-CR, King County
County use code: Retail(Discount)
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.

14340 NE 20th St, Bellevue · 0.1 mi · 9,600 SF · built 1978 · assessed $322.25/SF
14408 NE 20th St, Bellevue · 0.1 mi · 36,979 SF · built 1980 · assessed $335.17/SF
14310 NE 20th St, Bellevue · 0.1 mi · 4,980 SF · built 1978 · assessed $446.41/SF
14230 NE 20th St, Bellevue · 0.1 mi · 4,980 SF · built 1978 · assessed $446.41/SF
14220 NE 20th St, Bellevue · 0.1 mi · 4,980 SF · built 1978 · assessed $446.41/SF
14327 NE 20th St, Bellevue · 0.1 mi · 70,440 SF · built 1984 · assessed $373.86/SF

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Sale history and market context

MakeMe Estimate: $19,672,696 (estimated market value), with a likely range of $14,417,976 to $23,007,585 (half of recent verified sales in this segment landed inside that range). Based on 28 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2004-07-30 for $11,000,000 (recorded arm's-length sale).

Current ownership dates to 2010 (about 16 years) per recorded transfers.

2010-09-22: transfer from Private party to 520 Bellevue LLC (non-market transfer), rec. 20100923000942

2004-07-30: $11,000,000 from Private party to Magnolia Complex Building LLC, rec. 20040802002730

2004-04-22: $11,012,000 from Fairways NW II INC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20040422001203

1999-04-21: $12,612,000 from Commercial Real Estate Company to Fairways NW II INC (part of a 2-parcel sale; price is the whole deal), rec. 199904232185

1995-07-06: $6,635,000 from Magnolia-Olympic Properties PS to Commercial Real Estate CO (non-market transfer), rec. 199507061034

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 $6,334,800 (2011) to $17,064,300 (2026), up 169% over 15 years, per county tax rolls. The 2026 roll splits $17,064,300 into $16,129,800 land and $934,500 improvements.

Zoning: BR-CR (per King County)

Lot: 124,076 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Discount Store 44,754 SF; Day Care Center 9,234 SF; Retail Store 3,392 SF (county building sections)

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

Permit history

2018-05-31: Remodel, declared value $380,000 (Complete), permit 18 110634 BZ

2015-05-20: Remodel, declared value $500,000 (Complete), permit 15103862

2013-06-24: Accessory, New, declared value $800,000 (Complete), permit 13110106

2007-07-23: Remodel, declared value $110,000 (Complete), permit 07126558

Source: King County permit records (newest first).