MakeMe Estimate: $12.8M (estimated market value), with a likely range of $9.93M to $15.3M (half of recent verified sales in this segment landed inside that range). Based on 5 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 0.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 81% above the $731.09/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.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2015-10-07: $423,810 from Panera LLC to Pan Washington LLC (part of a 2-parcel sale; price is the whole deal), rec. 20151009001454
1998-02-27: $16,000,000 from Trust Company of the West to TMT Bear Creek Shopping Center INC (part of a 9-parcel sale; price is the whole deal), rec. 199802272515
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 $1,893,900 (2011) to $11,000,100 (2026), up 481% over 15 years, per county tax rolls. The 2026 roll splits $11,000,100 into $7,755,700 land and $3,244,400 improvements.
Zoning: DTC (per King County)
Lot: 64,631 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Line Retail 16,444 SF; Retail Store 14,019 SF (county building sections)