6975 Coal Creek Pkwy SE, Newcastle, WA 98059
Retail · Newcastle · Seattle-Bellevue metro, WA
One of 9 reachable retail buildings in Newcastle. Larger than 67% of retail buildings in Newcastle (median 9,670 SF), derived from assessor records.
- Usable building area
- 41,799 SF, King County Assessor
- Lot size
- 178,680 SF, King County Assessor
- Year built
- 1987, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 2, King County Assessor
- Predominant use
- Shopping Ctr(nghbrhood), King County Assessor
- Assessed value
- $16,454,600, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $393.66/SF, derived from assessor records
- Usable area / lot
- 0.23, derived from assessor records
- Vintage
- 1980s vintage
- Zoning
- DC, King County
- County use code
- Shopping Ctr(Nghbrhood)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
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Sale history and market context
MakeMe Estimate: $17.5M (estimated market value), with a likely range of $13.6M to $21.1M (half of recent verified sales in this segment landed inside that range). Based on 6 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 6.6 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 4801 Beacon Ave S, Seattle: $5,690,000 (2026-04), 13,794 SF, $412.50/SF, built 1952, 6.6 mi away (different city)
- 10700 SE 208th St, Kent: $4,600,000 (2024-10), 16,171 SF, $284.46/SF, built 1986, 8.5 mi away (different city)
- 3515 Fremont Ave N, Seattle: $6,537,860 (2025-09), 18,920 SF, $345.55/SF, built 1911, 11.5 mi away (different city)
- 22309 7th Ave S, Des Moines: $1,975,000 (2024-08), 11,441 SF, $172.62/SF, built 1978, 12 mi away (different city)
- 17615 SE 272nd St, Covington: $4,100,000 (2026-01), 11,487 SF, $356.93/SF, built 1989, 12.8 mi away (different city)
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.
Current ownership dates to 2024 (about 2 years) per recorded transfers.
- 2024-04-30: $18,000,000 from Ash Center LLC to Coal Creek LLC (part of a 2-parcel sale; price is the whole deal), rec. 20240501000728
- 2008: transferred to City of Newcastle, no consideration (3 recorded transfers, 2006 to 2008)
- 1996-09-19: $6,600,000 from Rreef West-VI Five INC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199609231548
- 1984-11-08: $1,357,927 from Coal Creek Parkway Assoc to Safeway Stores INC (part of a 2-parcel sale; price is the whole deal), rec. 198411090755
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $8,518,900 (2011) to $16,454,600 (2026), up 93% over 15 years, per county tax rolls. The 2026 roll splits $16,454,600 into $5,717,700 land and $10,736,900 improvements.
- Zoning: DC (per King County)
- Lot: 178,680 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Line Retail 31,659 SF; Retail Store 10,140 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)