MakeMe Estimate: $6.38M (estimated market value), with a likely range of $4.57M to $8.02M (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: 4 comparable sales within 3 miles; nearest 1.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $6,000,000 in 2023; the estimate is about 6% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is well above (more than double apart from) the $629.47/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 Kent
median verified sale $381.36/SF over the trailing 24 months; 13 sales in the last 12 months and 24 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.87x to 3.00x their county assessed value, median 1.15x (24 sales with usable county values).
2022: $298.86/SF median (14 sales)
2023: $360.42/SF median (10 sales)
2024: $509.09/SF median (8 sales)
2025: $367.19/SF median (12 sales)
2026 YTD: $411.33/SF median (5 sales)
This estimate sits at 1.07x county assessed value, the 42nd percentile of those recent sale premiums.
Computed from 390 verified arm's-length sales in King County public records (24 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2023-06-27 for $6,000,000 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-06-27: $6,000,000 from Trimark X LLC +Armani Ventures LLC to Sant Fuel Property LLC, rec. 20230711000983
2023: transferred to Armani Ventures LLC (25%), no consideration (2 recorded transfers, 2023 to 2023)
1998-06-05: $425,000 from Private party to Trimark X LLC, rec. 199806102029
1992-10-23: transfer from Private party to Private party (non-market transfer), rec. 199210230941
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 $2,316,000 (2011) to $5,985,200 (2026), up 158% over 15 years, per county tax rolls. The 2026 roll splits $5,985,200 into $2,068,500 land and $3,916,700 improvements.
Zoning: I1 (per King County)
Lot: 66,728 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 3,211 SF; Mini-Mart Convenience Store 1,393 SF (county building sections)