MakeMe Estimate: $3.76M (estimated market value), with a likely range of $2.65M to $4.76M (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). 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: 0 comparable sales within 3 miles; nearest 0 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales
No nearby verified sales clear our evidence bar for this building right now. We show only real arm's-length sales inside the market's $/SF integrity band, never junk transfers.
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: transferred to Callaghan Investments LLC, no consideration (2 recorded transfers, 2015 to 2015)
2010-03-23: $1,441,172 from Taco Bell of America INC to NWR Realty LLC (non-market transfer), rec. 20100323000865
1997-10-01: transfer from Taco Bell Corp to Private party (non-market transfer), rec. 19991227001289
1994-03-29: $800,000 from Private party to Taco Bell Corp (part of a 2-parcel sale; price is the whole deal), rec. 199403313139
1992-04-03: $755,000 from Exxon Corporation to BP Exploration & Oil INC (part of a 2-parcel sale; price is the whole deal), rec. 199204150694
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 $1,441,000 (2011) to $2,252,800 (2026), up 56% over 15 years, per county tax rolls. The 2026 roll splits $2,252,800 into $2,240,000 land and $12,800 improvements.
Zoning: OV (per King County)
Lot: 32,000 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 2,576 SF (county building sections)