MakeMe Estimate: $6.85M (estimated market value), with a likely range of $4.91M to $8.61M (half of recent verified sales in this segment landed inside that range). Based on 7 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 2.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 72% 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: 1988-05-05 for $850,000 (recorded arm's-length sale).
Current ownership dates to 1988 (about 38 years) per recorded transfers.
1988-05-05: $850,000 from 4056 Building Associates to Mcdonald's Corporation, rec. 198805060032
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 $1,685,700 (2011) to $4,223,600 (2026), up 151% over 15 years, per county tax rolls. The 2026 roll splits $4,223,600 into $2,533,800 land and $1,689,800 improvements.
Zoning: CB (per King County)
Lot: 33,785 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 5,035 SF (county building sections)