MakeMe Estimate: $27.9M (estimated market value), with a likely range of $21.7M to $33.5M (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 1.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is well above (more than 3x apart from) the $337.59/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: 1997-12-23 for $3,200,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2016-12-16: $24,000,000 from Fazenda LLC to Bellevue Development Owner LLC (part of a 3-parcel sale; price is the whole deal), rec. 20161216000711
2007-08-01: $15,500,000 from Lithia Real Estate INC to Fazenda LLC % Toyota of Lake City (part of a 3-parcel sale; price is the whole deal), rec. 20070803001580
2003-09-30: $6,996,667 from LCB Properties LLC to Lithia Real Estate INC (part of a 2-parcel sale; price is the whole deal), rec. 20031006001554
1997-12-23: $3,200,000 from Puget Sound Energy INC to LCB Properties LLC, rec. 199712291237
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 $5,872,600 (2011) to $20,182,500 (2026), up 244% over 15 years, per county tax rolls. The 2026 roll splits $20,182,500 into $18,249,800 land and $1,932,700 improvements.
Zoning: UC (per King County)
Lot: 103,065 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Auto Dealership, Complete 21,327 SF (county building sections)