15253 Bel Red Rd, Bellevue, WA 98007
Retail · Bellevue · Seattle-Bellevue metro, WA
One of 279 reachable retail buildings in Bellevue. Larger than 30% of retail buildings in Bellevue (median 6,887 SF), derived from assessor records.
- Usable building area
- 3,925 SF, King County Assessor
- Lot size
- 10,020 SF, King County Assessor
- Year built
- 1960, King County Assessor
- Stories
- 1, King County Assessor
- Predominant use
- Retail Store, King County Assessor
- Assessed value
- $1,701,500, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $433.50/SF, derived from assessor records
- Usable area / lot
- 0.39, derived from assessor records
- Vintage
- 1960s vintage
- Zoning
- BR-CR, King County
- County use code
- Retail Store
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 15255 Bel Red Rd, Bellevue · 0 mi · 2,460 SF · built 1965 · assessed $601.14/SF
- 15260 NE 20th St, Bellevue · 0 mi · 3,240 SF · built 1969 · assessed $433.49/SF
- 15259 Bel Red Rd, Bellevue · 0 mi · 2,363 SF · built 1962 · assessed $537.20/SF
- 15238 NE 20th St, Bellevue · 0.1 mi · 1,450 SF · built 1959 · assessed $1,228/SF
- 15045 Bel Red Rd, Bellevue · 0.2 mi · 1,922 SF · built 1942 · assessed $775.60/SF
- 15521 Bel Red Rd, Bellevue · 0.2 mi · 2,400 SF · built 1966 · assessed $612.92/SF
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Sale history and market context
MakeMe Estimate: $2.24M (estimated market value), with a likely range of $1.81M to $2.59M (half of recent verified sales in this segment landed inside that range). Based on 6 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 15226 Bel Red Rd, Redmond: $3,111,786 (2024-09), 5,090 SF, $611.35/SF, built 1970, 0.1 mi away (different city)
- 13005 NE 70th Pl, Kirkland: $2,000,000 (2025-05), 2,584 SF, $773.99/SF, built 1969, 3 mi away (different city)
- 7845 Leary Way, Redmond: $1,230,000 (2025-07), 2,219 SF, $554.30/SF, built 1903, 3.2 mi away (different city)
- 1825 72nd Ave SE, Mercer Island: $1,900,000 (2024-10), 4,861 SF, $390.87/SF, built 1924, 5.6 mi away (different city)
- 12421 Totem Lake Blvd NE, Kirkland: $8,000,000 (2026-02), 11,193 SF, $714.73/SF, built 2007, 5.9 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 $922,300 (2011) to $1,701,500 (2026), up 84% over 15 years, per county tax rolls. The 2026 roll splits $1,701,500 into $1,052,100 land and $649,400 improvements.
- Zoning: BR-CR (per King County)
- Lot: 10,020 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Restaurant, Table Service 3,925 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)