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    2940 Vly Rd Renton, WA 98057

    For Sale
    $9,000,000

    5.84 acres of commercial land primed for development.

    Property size:
    254,390 SF

    Property Features for 2940 Vly Rd

    General Information

    Size
    254,390 SF

    Building Details

    Year built
    1969

    Source: NWC-KV LLC Agent MICHAEL ROY, CCIM

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

    Overview

    Commercial Land in Renton, WA

    This 5.84-acre (254,595 SF) commercial arterial land is located in Renton, WA, and is primed for development. Existing improvements include a ~10,000 SF clear span metal building with a 20-ft clear height and a ~1,200 SF sales office. The zoning is CA - Commercial Arterial, City of Renton. Existing income is in place with Compton Lumber and Hardware. The undeveloped portion of the site is preloaded for a building pad of approximately 40,000 SF. Permit drawings are available for a building materials store with outside storage. Conceptual plans are available for an automotive dealership and mixed-use redevelopment.
    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
    -122.216
    Latitude
    47.4831

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    FAQs

    What type of property is this?
    Commercial land - 5.84 acres of commercial land primed for development.
    Where is this commercial land located?
    The property is located at 2940 Vly Rd Renton, WA.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: - 5.84 Acres of Commercial Arterial Land primed for development (254,595 SF); - Existing income in place with Compton Lumber and Hardware; - CA - Commercial Arterial Zoning, City of Renton
    Request Owner's contact information
    2940 Vly Rd 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
    2940 Vly Rd Renton, WA 98057
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