4820 Rainier Ave S, Seattle, WA 98118

NNN Retail · Seattle · Seattle-Bellevue metro, WA

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 68% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 8,404 SF, King County Assessor
Lot size: 5,038 SF, King County Assessor
Year built: 1920, King County Assessor
Stories: 2, King County Assessor
Predominant use: Olympia Coffee/Mixed Use Building, King County Assessor
Units: 7, King County Assessor
Assessed value: $2,793,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $332.44/SF, derived from assessor records
Lot coverage: 167%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3P-40, King County
County use code: Retail Store
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

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

4864 Rainier Ave S, Seattle · 0 mi · 2,646 SF · built 1921 · assessed $236.70/SF
4812 Rainier Ave S, Seattle · 0 mi · 9,360 SF · built 1921 · assessed $254.57/SF
4850 37th Ave S, Seattle · 0 mi · 5,362 SF · built 1959 · assessed $300.88/SF
4857 Rainier Ave S, Seattle · 0.1 mi · 2,585 SF · built 1927 · assessed $287.23/SF
3810 S Ferdinand St, Seattle · 0.1 mi · 6,600 SF · built 1929 · assessed $255.42/SF
4863 Rainier Ave S, Seattle · 0.1 mi · 3,724 SF · built 1941 · assessed $286.47/SF

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Sale history and market context

MakeMe Estimate: $2,896,794 (estimated market value), with a likely range of $2,419,984 to $3,282,041 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 1997-03-13 for $410,000 (recorded arm's-length sale).

Current ownership dates to 1997 (about 29 years) per recorded transfers.

1997-03-13: $410,000 from Private party to Rainier Edmonds LLC, rec. 199703141730

1997-03-13: transfer from Private party to Rainier Edmonds LLC (non-market transfer), rec. 20161230001717

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

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $1,680,200 (2011) to $2,793,800 (2026), up 66% over 15 years, per county tax rolls. The 2026 roll splits $2,793,800 into $579,300 land and $2,214,500 improvements.

Zoning: NC3P-40 (per King County)

Lot: 5,038 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Retail Store 4,452 SF; Multiple Residence (Low Rise) 3,952 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-07-28: Other, declared value $1,000 (Screened), permit 7098324-RF

2025-07-25: Electrical, declared value $500 (Screened), permit 7098336-EL

2025-03-26: Other, declared value $1,000,000 (Revisit), permit 6945808-CN

2025-03-10: Electrical, declared value $2,500 (Screened), permit 7074581-EL

2024-01-22: Electrical, declared value $13,845 (Screened), permit 7005786-EL

2019-08-26: Remodel, declared value $60,000 (Screened), permit 6744821-CN

2015-01-22: Remodel, declared value $180,000 (Complete), permit 6428827

Source: King County permit records (newest first).