Commercial · Mercer Island · Seattle-Bellevue metro, WA
One of 25 reachable commercial buildings in Mercer Island. Larger than 28% of commercial buildings in Mercer Island (median 35,785 SF), derived from assessor records.
Usable building area
15,730 SF, King County Assessor
Lot size
108,896 SF, King County Assessor
Year built
1969, King County Assessor
Stories
1, King County Assessor
Predominant use
Daycare Center, King County Assessor
Assessed value
$9,044,750, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$575/SF, derived from assessor records
Usable area / lot
0.14, derived from assessor records
Vintage
1960s vintage
Zoning
C-O, King County
County use code
Daycare Center
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $9.4M (estimated market value), with a likely range of $7.81M to $11.4M (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 4.7 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 57% above the $379.94/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.
Current ownership dates to 2006 (about 20 years) per recorded transfers.
2006-04-04: $6,000,000 from Era Care at Mercer Island LLC to 9555 Southeast LLC (part of a 2-parcel sale; price is the whole deal), rec. 20060404000944
2005-05-31: $2,950,000 from Catholic Archbishop of Seattle Corp of to Era Care at Mercer Island LLC (part of a 2-parcel sale; price is the whole deal), rec. 20050531003964
1986-08-28: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 198609030461
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 $4,901,300 (2011) to $9,044,750 (2026), up 85% over 15 years, per county tax rolls. The 2026 roll splits $9,044,750 into $6,207,000 land and $2,837,750 improvements.
Zoning: C-O (per King County)
Lot: 108,896 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Day Care Center 15,730 SF (county building sections)