MakeMe Estimate: $5.7M (estimated market value), with a likely range of $4.08M to $7.16M (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 5.5 mi. This property type carries wider measured error; treat the estimate as a starting point.
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: 1993-07-22 for $260,000 (recorded arm's-length sale).
Current ownership dates to 1993 (about 33 years) per recorded transfers.
1993-07-22: $260,000 from Union Oil Company to Private party, rec. 199307281817
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 $1,739,300 (2011) to $3,705,300 (2026), up 113% over 15 years, per county tax rolls. The 2026 roll splits $3,705,300 into $2,700,000 land and $1,005,300 improvements.
Zoning: DTC (per King County)
Lot: 15,000 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Open Office 2,000 SF; Mini-Mart Convenience Store 1,500 SF; Garage, Service Repair 1,435 SF (county building sections)