MakeMe Estimate: $2.11M (estimated market value), with a likely range of $1.51M to $2.65M (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 3.6 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $850,000 in 2024; the estimate is about 148% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 34% below the $1,336/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.
Last sold: 2024-04-05 for $850,000 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-04-05: $850,000 from 7 Eleven INC to University Aqua LLC, rec. 20240503000887
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. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $554,000 (2011) to $972,800 (2026), up 76% over 15 years, per county tax rolls. The 2026 roll splits $972,800 into $840,000 land and $132,800 improvements.
Zoning: CB (per King County)
Lot: 11,200 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Convenience Market 2,400 SF (county building sections)