MakeMe Estimate: $8.34M (estimated market value), with a likely range of $6.12M to $10.2M (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). The county roll carries a nominal improvement value for this parcel, so the estimate leans on comparable sales and the county-confirmed building area rather than the county land and improvement split. Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.5 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 $390.87/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: 2009-05-27 for $4,600,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2013-05-20: transfer from Eroba Development LLC to Can345 Development LLC (non-market transfer), rec. 20130529000495
2009-05-27: $4,600,000 from Ariel Development LLC to Eroba Development LLC, rec. 20090601000884
2007-11-28: $5,000,000 from C A & L M Benedict LP to Ariel Development LLC, rec. 20071212001041
2000: transferred to C A & L M Benedict LTD Pthrshp, no consideration (2 recorded transfers, 1990 to 2000)
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 $2,873,000 (2011) to $9,054,000 (2026), up 215% over 15 years, per county tax rolls. The 2026 roll splits $9,054,000 into $9,053,000 land and $1,000 improvements.
Zoning: DT-O-2-S (per King County)
Lot: 12,487 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 3,150 SF; Retail Store 3,150 SF (county building sections)