MakeMe Estimate: $6.35M (estimated market value), with a likely range of $4.55M to $7.98M (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). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 4.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is well above (more than double apart from) the $976.49/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 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.
Last sold: 2012-12-27 for $881,424 (recorded arm's-length sale).
Current ownership dates to 2012 (about 14 years) per recorded transfers.
2012-12-27: $881,424 from Seawend LTD to Cole Wy Portfolio Wa LLC, rec. 20130116001406
1998-10-01: $875,000 from Wendys International INC to Seawend LTD (part of a 2-parcel sale; price is the whole deal), rec. 199810021142
1997-09-30: $400,000 from Private party to Wendco Northwest Limited (non-market transfer), rec. 199710030538
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 $1,476,200 (2011) to $4,857,800 (2026), up 229% over 15 years, per county tax rolls. The 2026 roll splits $4,857,800 into $3,500,500 land and $1,357,300 improvements.
Zoning: DTC (per King County)
Lot: 25,004 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 2,660 SF (county building sections)