15238 NE 20th St, Bellevue, WA 98007
Retail · Bellevue · Seattle-Bellevue metro, WA
One of 279 reachable retail buildings in Bellevue. Larger than 3% of retail buildings in Bellevue (median 6,887 SF), derived from assessor records.
- Usable building area
- 1,450 SF, King County Assessor
- Lot size
- 16,950 SF, King County Assessor
- Year built
- 1959, King County Assessor
- Stories
- 1, King County Assessor
- Predominant use
- Food Service, King County Assessor
- Assessed value
- $1,780,700, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $1,228/SF, derived from assessor records
- Usable area / lot
- 0.09, derived from assessor records
- Vintage
- 1950s vintage
- Zoning
- BR-CR, King County
- County use code
- Restaurant(Fast Food)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 15259 Bel Red Rd, Bellevue · 0 mi · 2,363 SF · built 1962 · assessed $537.20/SF
- 15260 NE 20th St, Bellevue · 0 mi · 3,240 SF · built 1969 · assessed $433.49/SF
- 15255 Bel Red Rd, Bellevue · 0 mi · 2,460 SF · built 1965 · assessed $601.14/SF
- 15253 Bel Red Rd, Bellevue · 0.1 mi · 3,925 SF · built 1960 · assessed $433.50/SF
- 15045 Bel Red Rd, Bellevue · 0.1 mi · 1,922 SF · built 1942 · assessed $775.60/SF
- 15521 Bel Red Rd, Bellevue · 0.3 mi · 2,400 SF · built 1966 · assessed $612.92/SF
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Sale history and market context
MakeMe Estimate: $2.88M (estimated market value), with a likely range of $2.03M to $3.65M (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). The county roll carries a nominal improvement value for this parcel, so the estimate leans on comparable sales and the county-confirmed building area rather than the county land and improvement split. Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 3.2 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 3233 156th Ave SE, Bellevue: $850,000 (2024-04), 2,399 SF, $354.31/SF, built 1975, 3.2 mi away
- 3703 150th Ave SE, Bellevue: $5,750,000 (2022-12), 3,223 SF, $1,784/SF, built 1974, 3.5 mi away
- 3705 Factoria Blvd SE, Bellevue: $2,836,025 (2022-12), 1,779 SF, $1,594/SF, built 1985, 3.8 mi away
- 6420 Lake Washington Blvd SE, Newcastle: $3,300,000 (2024-07), 1,500 SF, $2,200/SF, built 1967, 6.3 mi away (different city)
- 13272 100th Ave NE, Kirkland: $2,575,000 (2022-09), 2,517 SF, $1,023/SF, built 1969, 7.2 mi away (different city)
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 Bellevue
median verified sale $545.45/SF over the trailing 24 months; 1 sales in the last 12 months and 5 in 24 (newest verified sale 2025-05).
- 2021: $734.18/SF median (6 sales)
- 2022: $1,593/SF median (5 sales)
Computed from 183 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Current ownership dates to 2002 (about 24 years) per recorded transfers.
- 2002-09-10: $2,800,000 from Private party to Bel-Red Retail LLC (part of a 5-parcel sale; price is the whole deal), rec. 20020925001331
- 2 administrative transfers (no consideration), 1994 to 1997
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $1,018,000 (2011) to $1,780,700 (2026), up 75% over 15 years, per county tax rolls. The 2026 roll splits $1,780,700 into $1,779,700 land and $1,000 improvements.
- Zoning: BR-CR (per King County)
- Lot: 16,950 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Fast Food Restaurant 1,450 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)