MakeMe Estimate: $3.14M (estimated market value), with a likely range of $2.44M to $3.76M (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: 0 comparable sales within 3 miles; nearest 5.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 28% below the $573.52/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 Bellevue
median verified sale $545.45/SF over the trailing 24 months; 1 sales in the last 12 months and 5 in 24 (newest verified sale 2025-05).
2021: $734.18/SF median (6 sales)
2022: $1,593/SF median (5 sales)
Computed from 183 verified arm's-length sales in King County public records (5 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.
2016-08-17: $3,200,000 from Lathrop Associates LLC to RDG Properties LLC (part of a 2-parcel sale; price is the whole deal), rec. 20160909001323
2004-05-24: transfer from Private party to Lathrop Associates LLC (part of a 2-parcel sale; price is the whole deal), rec. 20040525001872
2004-03-04: $500,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20040326001930
2 administrative transfers (no consideration), 1997 to 2004
1997-06-10: $150,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199706200946
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 $938,000 (2011) to $2,401,600 (2026), up 156% over 15 years, per county tax rolls. The 2026 roll splits $2,401,600 into $1,739,900 land and $661,700 improvements.
Zoning: CB (per King County)
Lot: 25,970 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Retail Store 4,000 SF; Line Retail 3,600 SF (county building sections)