15740 Redmond Way, Redmond, WA 98052
Retail · Redmond · Seattle-Bellevue metro, WA
One of 142 reachable retail buildings in Redmond. Larger than 46% of retail buildings in Redmond (median 6,879 SF), derived from assessor records.
- Usable building area
- 6,010 SF, King County Assessor
- Lot size
- 36,200 SF, King County Assessor
- Year built
- 2003, King County Assessor
- Stories
- 1, King County Assessor
- Predominant use
- Restaurant, King County Assessor
- Assessed value
- $4,526,000, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $753.08/SF, derived from assessor records
- Usable area / lot
- 0.17, derived from assessor records
- Vintage
- 2000s vintage
- Zoning
- DTC, King County
- County use code
- Restaurant/Lounge
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 15742 Redmond Way, Redmond · 0 mi · 5,424 SF · built 1974 · assessed $338.96/SF
- 15752 Redmond Way, Redmond · 0.1 mi · 5,948 SF · built 1976 · assessed $365.84/SF
- 15756 Redmond Way, Redmond · 0.1 mi · 17,536 SF · built 1975 · assessed $229.82/SF
- 15945 Redmond Way, Redmond · 0.1 mi · 2,660 SF · built 1977 · assessed $1,826/SF
- 15802 Bear Creek Pkwy, Redmond · 0.1 mi · 1,860 SF · built 1971
- 8215 160th Ave NE, Redmond · 0.1 mi · 5,119 SF · built 1991 · assessed $1,413/SF
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Sale history and market context
MakeMe Estimate: $5.49M (estimated market value), with a likely range of $4.02M to $6.7M (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: 2 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 38% above the $663.04/SF median of the shown comparable sales.
Comparable sales used as evidence
- 7845 Leary Way, Redmond: $1,230,000 (2025-07), 2,219 SF, $554.30/SF, built 1903, 0.2 mi away
- 13005 NE 70th Pl, Kirkland: $2,000,000 (2025-05), 2,584 SF, $773.99/SF, built 1969, 1.8 mi away (different city)
- 12421 Totem Lake Blvd NE, Kirkland: $8,000,000 (2026-02), 11,193 SF, $714.73/SF, built 2007, 3.2 mi away (different city)
- 15226 Bel Red Rd, Redmond: $3,111,786 (2024-09), 5,090 SF, $611.35/SF, built 1970, 3.2 mi away
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 Redmond
median verified sale $689.08/SF over the trailing 24 months; 4 sales in the last 12 months and 6 in 24 (newest verified sale 2026-02).
Computed from 99 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
- 2003: transferred to Nelgroup Properties LLC, no consideration (3 recorded transfers, 1992 to 2003)
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 $1,919,600 (2011) to $4,526,000 (2026), up 136% over 15 years, per county tax rolls. The 2026 roll splits $4,526,000 into $4,525,000 land and $1,000 improvements.
- Zoning: DTC (per King County)
- Lot: 36,200 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 6,010 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)