MakeMe Estimate: $4.1M (estimated market value), with a likely range of $2.93M to $5.15M (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 1.4 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $3,300,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 48% above 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 1.28x county assessed value, the 71st 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: 2022-02-15 for $3,300,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-02-15: $3,300,000 from MTC Enterprise LLC to Capital Equity Fund IV LLC, rec. 20220224001277
2019-07-10: $2,750,000 from H&H Kent West Valley LLC to MTC Enterprise LLC, rec. 20190712000130
2019: transferred to H&H Kent West Valley LLC, no consideration (2 recorded transfers, 2015 to 2019)
2015-11-25: $1,100,000 from West Valley 212th Partners LLC to H&H Kent West Valley LLC, rec. 20151125000578
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 $497,200 (2011) to $3,192,900 (2026), up 542% over 15 years, per county tax rolls. The 2026 roll splits $3,192,900 into $1,745,600 land and $1,447,300 improvements.
Zoning: I1 (per King County)
Lot: 58,500 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Retail Store 2,244 SF; Fast Food Restaurant 2,160 SF (county building sections)