One of 144 reachable commercial buildings in Redmond. Larger than 27% of commercial buildings in Redmond (median 8,420 SF), derived from assessor records.
Usable building area
2,441 SF, King County Assessor
Lot size
1,346,615 SF, King County Assessor
Year built
2004, King County Assessor
Stories
2, King County Assessor
Predominant use
Farm, King County Assessor
Assessed value
$2,876,200, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$1,178/SF, derived from assessor records
Usable area / lot
0, derived from assessor records
Vintage
2000s vintage
Zoning
RA-5, King County
County use code
Farm
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $3.8M (estimated market value), with a likely range of $3.15M to $4.58M (half of recent verified sales in this segment landed inside that range). Based on 4 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 4.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is well above (more than 3x apart from) the $305.75/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: 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.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2005-08-16: transfer from Pegasus Thoroughbred Training Center LLC to King County (non-market transfer), rec. 20050908001283
2000-10-18: $2,250,000 from Dahlgren Family LLC # 8 to Pegasus Thoroughbred Training CT LLC (part of a 6-parcel sale; price is the whole deal), rec. 20001026000945
2000: transferred to Dahlgren Family LLC #8 C/O Donald C Dahlgren, no consideration (3 recorded transfers, 1995 to 2000)
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. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $2,959,800 (2011) to $2,876,200 (2026), down 3% over 15 years, per county tax rolls. The 2026 roll splits $2,876,200 into $772,800 land and $2,103,400 improvements.
Zoning: RA-5 (per King County)
Lot: 1,346,615 sq ft
Rated views: Cascades
Water: Private (per King County)
Sewer: Private (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Residence 2,441 SF (county building sections)