940 NE Park Dr, Issaquah, WA 98029

Commercial · Issaquah · Seattle-Bellevue metro, WA

One of 158 reachable commercial buildings in Issaquah. Larger than 87% of commercial buildings in Issaquah (median 3,140 SF), derived from assessor records.

Usable building area
56,835 SF, King County Assessor
County gross area
57,900 SF, King County Assessor
Excluded area
1,065 SF outside primary usable area
Lot size
73,441 SF, King County Assessor
Year built
2013, King County Assessor
Stories
1, King County Assessor
Predominant use
Movie Theater, King County Assessor
Assessed value
$18,375,700, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$323.32/SF, derived from assessor records
Usable area / lot
0.77, derived from assessor records
Vintage
2010s vintage
Zoning
UV-COM/RET, King County
County use code
Movie Theater

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: $19M (estimated market value), with a likely range of $15.8M to $23M (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 15.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 36% above the $246.41/SF median of the shown comparable sales.

Comparable sales used as evidence

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 Issaquah

median verified sale $468.09/SF over the trailing 24 months; 6 sales in the last 12 months and 9 in 24 (newest verified sale 2026-01); the middle 80% of recent sales traded at 0.91x to 1.27x their county assessed value, median 1.03x (9 sales with usable county values).

  • 2023: $600/SF median (4 sales)
  • 2025: $468.09/SF median (6 sales)

This estimate sits at 1.04x county assessed value, the 56th percentile of those recent sale premiums.

Computed from 172 verified arm's-length sales in King County public records (9 in the trailing 24 months). Free public records. Not an appraisal.

Current ownership dates to 2012 (about 14 years) per recorded transfers.

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$10M$20M$30M201120142017202020232026$19M$18.4MCounty assessed valueMakeMe Estimate range

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 $1,477,600 (2011) to $18,375,700 (2026), up 1144% over 15 years, per county tax rolls. The 2026 roll splits $18,375,700 into $2,754,000 land and $15,621,700 improvements.

Taxes

Permit history

Source: King County permit records (newest first).