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    203 SW Sunset Blvd Renton, WA 98057

    For Sale
    $4,800,000

    1.63-acre development site with mixed-use potential in Renton, WA.

    Property Features for 203 SW Sunset Blvd

    General Information

    Zoning
    Commercial Arterial (CA)

    Source: Stuart Williams Agent Stuart Williams

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

    Overview

    Renton Development Site on Sunset

    The property at 315 SW Sunset is a 1.63-acre development site comprised of six contiguous parcels. It is located along one of Renton’s key corridors and offers immediate access to major arterials, providing a highly visible and well-connected gateway into the city. The property is near downtown and benefits from its proximity to multiple parks, trails, and waterfront access. The current zoning is Commercial Arterial (CA), which allows for mixed-use development with a height limit of up to 70 feet. There are several viable paths to reposition the zoning to accommodate a townhome development of up to 54 units. The site also has immediate access to significant employment hubs in Seattle and the Eastside. The area is projected to require up to 9,300 additional housing units by 2040 to meet anticipated population growth. The median home price reached $775,000, reflecting a 3.4% year-over-year increase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -122.2211287
    Latitude
    47.478408

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    FAQs

    What type of property is this?
    Commercial land - 1.63-acre development site with mixed-use potential in Renton, WA.
    Where is this commercial land located?
    The property is located at 203 SW 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: - 1.63-acre development site with Commercial Arterial (CA) zoning allowing mixed-use development up to 70 feet.; - Potential to rezone for townhome development of up to 54 units.; - Immediate access to major arterials and proximity to downtown Renton.
    (425) 417-5078
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    203 SW 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
    203 SW Sunset Blvd Renton, WA 98057
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