MakeMe Estimate: $5.18M (estimated market value), with a likely range of $3.71M to $6.5M (half of recent verified sales in this segment landed inside that range). Based on 8 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 2.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is well above (more than 3x apart from) the $354.31/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.
Current ownership dates to 1998 (about 28 years) per recorded transfers.
1999-03-01: transfer from Regency Realty Corporation to Private party (part of a 8-parcel sale; price is the whole deal), rec. 199903261828
1998-02-19: $16,550,000 from TCW Realty Fund to Private party (part of a 8-parcel sale; price is the whole deal), rec. 199803061954
1992-12-22: $7,181,500 from First City Washington INC to TCW Realty Fund Via Holding CO (part of a 5-parcel sale; price is the whole deal), rec. 199212221457
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 $2,387,900 (2011) to $3,472,900 (2026), up 45% over 15 years, per county tax rolls. The 2026 roll splits $3,472,900 into $2,136,600 land and $1,336,300 improvements.
Zoning: CB (per King County)
Lot: 61,046 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Line Retail 4,800 SF (county building sections)