One of 144 reachable commercial buildings in Redmond. Larger than 90% of commercial buildings in Redmond (median 8,420 SF), derived from assessor records.
Usable building area
113,672 SF, King County Assessor
Lot size
124,146 SF, King County Assessor
Year built
1998, King County Assessor
Stories
6, King County Assessor
Predominant use
Hotel/Motel, King County Assessor
Assessed value
$36,417,800, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$320.38/SF, derived from assessor records
Usable area / lot
0.92, derived from assessor records
Vintage
1990s vintage
Zoning
TWNC, King County
County use code
Hotel/Motel
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $39.6M (estimated market value), with a likely range of $32.8M to $47.6M (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: 2 comparable sales within 3 miles; nearest 0.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $27,065,000 in 2024; the estimate is about 46% apart. Treat the recorded trade as strong evidence alongside the model.
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: Commercial in Redmond
median verified sale $370.28/SF over the trailing 24 months; 3 sales in the last 12 months and 6 in 24 (newest verified sale 2025-09).
Computed from 121 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2024-08-29 for $27,065,000 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-08-29: $27,065,000 from Bre Newton Hotels Property Owner LLC to CHC Redmond Owner LLC, rec. 20240904000422
2017-06-20: transfer from Lion Es Hotels Holdings LLC to Bre Newton Hotels Property Owner LLC (non-market transfer), rec. 20170714000757
2014-08-12: $47,706,595 from Lion Es Hotels Holdings LLC to Bre Newton Hotels Property Owner LLC, rec. 20140814001171
2007-05-23: transfer from Aht Redmond INC to Lion Es Hotel Holdings LP (non-market transfer), rec. 20070601001153
2003-01-16: $26,907,000 from Private party to Aht Redmond INC, rec. 20030122002213
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 $22,565,000 (2011) to $36,417,800 (2026), up 61% over 15 years, per county tax rolls. The 2026 roll splits $36,417,800 into $15,518,200 land and $20,899,600 improvements.
Zoning: TWNC (per King County)
Lot: 124,146 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Hotel, Limited Service Upscale 113,672 SF (county building sections)