MakeMe Estimate: $7.8M (estimated market value), with a likely range of $6.06M to $9.37M (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 5.7 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $7,191,200 in 2023; the estimate is about 8% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 43% above the $370.45/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 Auburn
median verified sale $315.13/SF over the trailing 24 months; 8 sales in the last 12 months and 13 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.67x to 2.75x their county assessed value, median 1.34x (12 sales with usable county values).
2022: $447.96/SF median (6 sales)
2023: $394.71/SF median (9 sales)
2024: $510.60/SF median (4 sales)
2025: $397.48/SF median (6 sales)
This estimate sits at 1.15x county assessed value, the 50th percentile of those recent sale premiums.
Computed from 287 verified arm's-length sales in King County public records (13 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2023-05-31 for $7,191,200 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-05-31: $7,191,200 from Neighborhood Development Corporation to Sawan Enterprises LLC, rec. 20230616000586
2014-03-20: $5,530,000 from Madison Auburn LLC to Nieghborhood Development Corp, rec. 20140320001085
2007-01-31: $1,100,000 from Private party to Madison Auburn LLC, rec. 20070131000893
2 administrative transfers (no consideration), 2007 to 2007
2003-12-01: $290,000 from Quadrant Corporation to Dibs 14 LLC, rec. 20031204000369
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 $3,059,200 (2011) to $6,775,100 (2026), up 121% over 15 years, per county tax rolls. The 2026 roll splits $6,775,100 into $1,810,600 land and $4,964,500 improvements.
Zoning: C3 (per King County)
Lot: 72,424 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Line Retail 14,733 SF (county building sections)