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    1349 Grady Way Renton, WA 98057

    For Sale
    $350,000

    0.39 acres of commercial land with high visibility.

    Property size:
    16,988 SF

    Property Features for 1349 Grady Way

    General Information

    Standard status
    Active
    Size
    16,988 SF

    Source: THE ANDOVER COMPANY, INC. Agent JEFF CRANE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Grady Way

    Available for sale is a 0.39-acre parcel of commercial land. The parcel numbers are 242304-9054, 242304-9133, and 242304-9128. The property benefits from high visibility on Grady Way and offers convenient access to I-405, I-5, and Hwy-167. There is potential for multiple points of ingress/egress, along with a middle turn lane on SW Grady Way. Utilities are located adjacent to the property in the street. The zoning is Commercial Office Zone (CO), which allows for office, medical, and limited retail and industrial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.2321
    Latitude
    47.467762

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    FAQs

    What type of property is this?
    Commercial land - 0.39 acres of commercial land with high visibility.
    Where is this commercial land located?
    The property is located at 1349 Grady Way Renton, WA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - High visibility on Grady Way.; - Great access to I-405, I-5, and Hwy-167.; - Commercial Office (CO) zoning allows for office, medical, and limited retail/industrial uses.
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    1349 Grady Way Renton, WA 98057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1349 Grady Way Renton, WA 98057
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