Retail · Mercer Island · Seattle-Bellevue metro, WA
One of 22 reachable retail buildings in Mercer Island. Larger than 27% of retail buildings in Mercer Island (median 4,644 SF), derived from assessor records.
Usable building area
2,180 SF, King County Assessor
Lot size
19,886 SF, King County Assessor
Year built
1954, King County Assessor
Stories
1, King County Assessor
Predominant use
Service Station, King County Assessor
Assessed value
$4,981,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$2,285/SF, derived from assessor records
Usable area / lot
0.11, derived from assessor records
Vintage
1950s vintage
Zoning
TC, King County
County use code
Service Station
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $5.9M (estimated market value), with a likely range of $4.23M to $7.41M (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: 0 comparable sales within 3 miles; nearest 3.7 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 $513.23/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.
Last sold: 2009-07-15 for $2,790,450 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2010-06-01: transfer from Private party to Mercer Capital LLC (non-market transfer), rec. 20100611001458
2009-07-15: $2,790,450 from Equiva Services LLC to Private party, rec. 20090715000423
1998-06-26: transfer from Texaco Refining & Marketing INC to Equilon Enterprises LLC, rec. 199807231670
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 $2,395,500 (2011) to $4,981,900 (2026), up 108% over 15 years, per county tax rolls. The 2026 roll splits $4,981,900 into $4,573,700 land and $408,200 improvements.
Zoning: TC (per King County)
Lot: 19,886 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Garage, Service Repair 1,304 SF; Mini-Mart Convenience Store 876 SF (county building sections)