15600 NE 8th St, Bellevue, WA 98008

NNN Retail · Bellevue · Seattle-Bellevue metro, WA

One of 167 reachable nnn retail buildings in Bellevue. Larger than 99% of nnn retail buildings in Bellevue (median 9,156 SF), derived from assessor records.

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Building size
685,706 SF, King County Assessor
Lot size
1,433,367 SF, King County Assessor
Year built
2019, King County Assessor
Stories
6, King County Assessor
Buildings on parcel
13, King County Assessor
Predominant use
Shag Apartments (185 Units), King County Assessor
Units
185, King County Assessor
Assessed value
$68,774,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF
$100.30/SF, derived from assessor records
Lot coverage
48%, derived from assessor records
Vintage
2010s vintage
Zoning
CB, King County
County use code
Shopping Ctr(Community)

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $86,539,145 (estimated market value), with a likely range of $63,423,911 to $101,209,143 (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.

Current ownership dates to 1989 (about 37 years) per recorded transfers.

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$27.9M$55.7M$83.6M$111M2023202420252026County appraised valueEstimated value (modeled range)

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 $19,704,550 (2023) to $68,774,800 (2026), up 249% over 3 years, per county tax rolls. The 2026 roll splits $68,774,800 into $3,846,800 land and $64,928,000 improvements.

Taxes

Permit history

Source: King County permit records (newest first).