MakeMe Estimate: $15.2M (estimated market value), with a likely range of $11.8M to $18.3M (half of recent verified sales in this segment landed inside that range). Based on 4 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 4.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 44% above the $107.92/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.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2008: transferred to City of Covington, no consideration (4 recorded transfers, 2002 to 2008)
2001-07-10: $4,800,000 from Private party to Covington Apartments LLC+Covington Commercial LLC (part of a 3-parcel sale; price is the whole deal), rec. 20010711000311
1995-10-26: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199511020602
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. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $11,902,400 (2011) to $13,001,400 (2026), up 9% over 15 years, per county tax rolls. The 2026 roll splits $13,001,400 into $5,062,400 land and $7,939,000 improvements.
Zoning: MC (per King County)
Lot: 281,249 sq ft
Nuisance flags: Power lines
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Floor and use mix: Discount Store 97,843 SF (county building sections)