MakeMe Estimate range: $8.2M to $11.7M (estimated market value range). This building's own 2022 recorded sale at $17.4M sits 72% above this estimate's midpoint, so we lead with the range rather than a single number. Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
moderate confidence: 9 comparable sales within 3 miles; nearest 1.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $17,415,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 9 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Seattle
median verified sale $513.43/SF over the trailing 24 months; 32 sales in the last 12 months and 73 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.52x to 1.53x their county assessed value, median 1.04x (73 sales with usable county values).
2022: $492.06/SF median (49 sales)
2023: $458.42/SF median (24 sales)
2024: $551.78/SF median (34 sales)
2025: $510.82/SF median (41 sales)
2026 YTD: $552.67/SF median (9 sales)
This estimate sits at 1.33x county assessed value, the 77th percentile of those recent sale premiums.
Computed from 1,875 verified arm's-length sales in King County public records (73 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-07-21 for $17,415,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-08-06: $1,400,000 from Blueprint 3414 LLC to Tpa VI LLC, rec. 20250814000801
2022-07-21: $17,415,000 from Fremont Court LLC to Blueprint 3414 LLC, rec. 20220726000020
2005: transferred to Fremont Court LLC, no consideration (2 recorded transfers, 2003 to 2005)
1998-07-13: $2,400,000 from Private party to Private party, rec. 199807150525
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 $5,209,700 (2011) to $7,611,900 (2026), up 46% over 15 years, per county tax rolls. The 2026 roll splits $7,611,900 into $3,326,000 land and $4,285,900 improvements.
Zoning: NC2P-75 (M1) (per King County)
Lot: 9,503 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Restaurant, Table Service 5,753 SF; Retail Store 5,358 SF; Apartment 2,715 SF; Basement, Unfinished 2,679 SF; Basement, Retail 1,800 SF; Storage Warehouse 576 SF (county building sections)