MakeMe Estimate: $28M (estimated market value), with a likely range of $21.8M to $33.6M (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 4.4 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 33% above the $267.11/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: 2005-06-01 for $19,807,145 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2007-07-16: transfer from FW Wa-Eastgate Plaza LLC to City of Bellevue (non-market transfer), rec. 20070926002114
2005-06-01: $19,807,145 from U S Retail Partners LLC to FW Wa-Eastgate Plaza LLC, rec. 20050610001814
1999-06-15: $10,963,000 from Amb Property L P to BPP Retail LLC, rec. 19990615001871
1997-11-26: $9,973,864 from Amb Western Properties Fund I to Amb Property Corporation L P, rec. 199712100450
1992-06-29: $7,360,000 from Private party to Amb Western Properties Fund-1, rec. 199207012823
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 $16,307,500 (2011) to $23,993,000 (2026), up 47% over 15 years, per county tax rolls. The 2026 roll splits $23,993,000 into $20,715,700 land and $3,277,300 improvements.
Zoning: NMU (per King County)
Lot: 358,631 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Supermarket 29,202 SF; Retail Store 20,800 SF; Line Retail 20,311 SF; Restaurant, Table Service 6,561 SF; Mini-Mart Convenience Store 1,418 SF; Fast Food Restaurant 450 SF (county building sections)