MakeMe Estimate: $5.28M (estimated market value), with a likely range of $3.71M to $6.68M (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). The county roll carries a nominal improvement value for this parcel, so the estimate leans on comparable sales and the county-confirmed building area rather than the county land and improvement split. Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 0.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 32% above the $731.09/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 Redmond
median verified sale $689.08/SF over the trailing 24 months; 4 sales in the last 12 months and 6 in 24 (newest verified sale 2026-02).
Computed from 99 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2016-06-21 for $3,500,000 (recorded arm's-length sale).
Current ownership dates to 2016 (about 10 years) per recorded transfers.
2016-06-21: $3,500,000 from Niu World Enterprises II LLC to Elufa LLC, rec. 20160623000740
2012-06-25: $2,914,000 from Redmond Center Development LLC to Niu World Enterprises II LLC, rec. 20120629002755
2001-04-10: transfer from Redmond Center Development LLC to City of Redmond (non-market transfer), rec. 20010507000002
2000-07-10: $1,000,000 from Private party to Redmond Center Development LLC, rec. 20000710001285
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 $1,641,400 (2011) to $4,170,800 (2026), up 154% over 15 years, per county tax rolls. The 2026 roll splits $4,170,800 into $4,169,800 land and $1,000 improvements.
Zoning: DTC (per King County)
Lot: 23,166 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Line Retail 5,475 SF (county building sections)