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    315 Sunset Blvd Renton, WA 98057

    For Sale
    $4,800,000

    1.63 AC development site in Renton, WA.

    Property size:
    71,003 SF

    Property Features for 315 Sunset Blvd

    General Information

    Standard status
    Active
    Size
    71,003 SF

    Source: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES Agent STUART WILLIAMS

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

    Overview

    Renton Development Site For Sale

    The property at 315 SW Sunset is a 70,821 square foot (1.63 acre) development site comprising six parcels. It is located along a key corridor in Renton, Washington. The site benefits from immediate access to major arterial roads and close proximity to downtown Renton, serving as a visible and well-connected entry point to the city. The current zoning is Commercial Arterial (CA). There are several potential options to rezone the property to allow for a townhome development of up to 54 units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.2219599
    Latitude
    47.4780756

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    FAQs

    What type of property is this?
    Commercial land - 1.63 AC development site in Renton, WA.
    Where is this commercial land located?
    The property is located at 315 Sunset Blvd Renton, WA.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: - Development site totaling 70,821 SF (1.63 AC) across six parcels.; - Located along a key corridor in Renton.; - Immediate access to major arterials.
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    315 Sunset Blvd 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
    315 Sunset Blvd Renton, WA 98057
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