2620 California Ave SW, Seattle, WA 98116

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: retail strip center, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 61% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 6,916 SF, King County Assessor
Lot size: 18,353 SF, King County Assessor
Year built: 2011, King County Assessor
Stories: 1, King County Assessor
Predominant use: Line Retail, King County Assessor
Assessed value: $4,191,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $606.06/SF, derived from assessor records
Lot coverage: 38%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3P-75 (M1), King County
County use code: Retail(Line/Strip)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

2619 California Ave SW, Seattle · 0 mi · 2,350 SF · built 1953 · assessed $283.91/SF
4115 SW Admiral Way, Seattle · 0.1 mi · 420 SF · built 2006 · assessed $5,331/SF
2358 California Ave SW, Seattle · 0.1 mi · 16,214 SF · built 1920 · assessed $392.62/SF
4210 SW Admiral Way, Seattle · 0.1 mi · 6,995 SF · built 1926 · assessed $231.92/SF
2347 California Ave SW, Seattle · 0.1 mi · 2,980 SF · built 1963 · assessed $1,250/SF
4100 SW Admiral Way, Seattle · 0.1 mi · 2,893 SF · built 1996 · assessed $858.04/SF

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Sale history and market context

MakeMe Estimate: $5,015,631 (estimated market value), with a likely range of $3,675,920 to $5,865,874 (half of recent verified sales in this segment landed inside that range). Based on 38 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2025 per recorded transfers.

2025-06-20: $35,400,000 from SVF Admiral Safeway Seattle LLC to SSV Admiral Junction LLC (part of a 3-parcel sale; price is the whole deal), rec. 20250623000036

2012-07-24: $30,710,000 from Safeway INC to SVF Admiral Safeway Seattle LLC (part of a 3-parcel sale; price is the whole deal), rec. 20120726001272

1994-04-06: $38,000 from Private party to Safeway INC (non-market transfer), rec. 199404150885

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $2,716,200 (2011) to $4,191,500 (2026), up 54% over 15 years, per county tax rolls. The 2026 roll splits $4,191,500 into $4,037,600 land and $153,900 improvements.

Zoning: NC3P-75 (M1) (per King County)

Lot: 18,353 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Line Retail 3,568 SF; Retail Store 3,348 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2026-01-13: Electrical (Screened), permit 7124677-EL

2025-04-30: Electrical, declared value $2,500 (Screened), permit 7083210-EL

2024-01-11: Electrical, declared value $2,000 (Screened), permit 7004265-EL

2013-01-03: Remodel, declared value $100,000 (Complete), permit 6339212

2012-10-25: Remodel, declared value $1,000 (Complete), permit 6337066

2011-07-29: Remodel, declared value $125,000 (Complete), permit 6282709

2011-07-15: Remodel, declared value $75,000 (Complete), permit 6285709

2010-08-04: Building, New, declared value $568,287 (Complete), permit 6233000

2010-07-23: Building, New (Complete), permit 3010684

Source: King County permit records (newest first).