401 Ellingson Rd, Pacific, WA 98047

Retail · Pacific · Seattle-Bellevue metro, WA

One of 6 reachable retail buildings in Pacific.

Usable building area
1,800 SF, King County Assessor
Lot size
28,733 SF, King County Assessor
Year built
1982, King County Assessor
Stories
1, King County Assessor
Predominant use
Mini Market, King County Assessor
Assessed value
$1,751,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$973.17/SF, derived from assessor records
Usable area / lot
0.06, derived from assessor records
Vintage
1980s vintage
Zoning
HC, King County
County use code
Conv Store with Gas

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate range: $1.89M to $3.32M (estimated market value range). This building's own 2022 recorded sale at $4M sits 52% 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.

lower confidence: 4 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $4,000,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than double apart from) the $682.48/SF median of the shown comparable sales.

Comparable sales used as evidence

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.

Last sold: 2022-03-14 for $4,000,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$1M$2M$3M$4M201120142017202020232026$1.78MLast sold $4M · 2022$2.64M$1.75MCounty assessed valueMakeMe Estimate rangeRecorded sale

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 $832,700 (2011) to $1,751,700 (2026), up 110% over 15 years, per county tax rolls. The 2026 roll splits $1,751,700 into $574,600 land and $1,177,100 improvements.

Taxes

Permit history

Source: King County permit records (newest first).