2940 SW Avalon Way, Seattle, WA 98126

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: low-rise mixed-use, 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 AI estimate from public imagery; may be outdated.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 69% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 8,845 SF, King County Assessor
Lot size: 11,370 SF, King County Assessor
Year built: 1947, King County Assessor
Stories: 1, King County Assessor
Buildings on parcel: 2, King County Assessor
Predominant use: Apt/Restaurant, King County Assessor
Assessed value: $1,947,700, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $220.20/SF, derived from assessor records
Lot coverage: 78%, derived from assessor records
Vintage: 1940s vintage
Zoning: C2-55 (M), King County
County use code: Retail Store
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

3418 Harbor Ave SW, Seattle · 0.2 mi · 5,113 SF · built 1920 · assessed $183.41/SF
3860 Delridge Way SW, Seattle · 0.4 mi · 2,687 SF · built 1930 · assessed $256.87/SF
3801 Delridge Way SW, Seattle · 0.4 mi · 6,246 SF · built 1923 · assessed $213.80/SF
3280 SW Avalon Way, Seattle · 0.4 mi · 2,400 SF · built 1980 · assessed $1,797/SF
3518 SW Genesee St, Seattle · 0.4 mi · 2,550 SF · built 1947 · assessed $414.71/SF
3500 SW Avalon Way, Seattle · 0.4 mi · 2,654 SF · built 1996 · assessed $2,325/SF

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Sale history and market context

MakeMe Estimate: $2,288,673 (estimated market value), with a likely range of $1,911,960 to $2,593,046 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2024-10-07 for $1,900,000 (recorded arm's-length sale).

Current ownership dates to 2024 (about 2 years) per recorded transfers.

2024-10-07: $1,900,000 from Private party to Johnny Clover LLC, rec. 20241009000511

2 administrative transfers (no consideration), 2003 to 2012

1994-06-15: $225,000 from Private party to Private party, rec. 199406241948

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 $1,134,900 (2011) to $1,947,700 (2026), up 72% over 15 years, per county tax rolls. The 2026 roll splits $1,947,700 into $1,193,800 land and $753,900 improvements.

Zoning: C2-55 (M) (per King County)

Lot: 11,370 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Restaurant, Table Service 4,430 SF; Storage Warehouse 2,850 SF; Multiple Residence (Low Rise) 1,525 SF (county building sections)

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