MakeMe Estimate: $2.36M (estimated market value), with a likely range of $1.69M to $2.96M (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). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.4 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $2,836,025 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 67% above the $792/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: 2022-12-20 for $2,836,025 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2023-04-10: transfer from Sterling Realty Organization CO (sccsrs To)-Oak TH… to Sro Retail Portfolio I LLC (part of a 3-parcel sale; price is the whole deal), rec. 20230412000413
2022-12-20: $2,836,025 from TP One LLC +TP Two LLC to Sterling Realty Organization CO, rec. 20221228000317
2006: transferred to TP One LLC & TP Two LLC, no consideration (2 recorded transfers, 2006 to 2006)
2004-09-01: $1,715,000 from R W Properties LLC to Tpwa LLC, rec. 20040901002853
2 administrative transfers (no consideration), 2001 to 2001
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 $578,300 (2011) to $1,301,000 (2026), up 125% over 15 years, per county tax rolls. The 2026 roll splits $1,301,000 into $1,047,200 land and $253,800 improvements.
Zoning: CB (per King County)
Lot: 13,426 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Fast Food Restaurant 1,780 SF (county building sections)