Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13419 SE Petrovitsky Rd Renton, WA 98058

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2 acres of R-18 zoned land in Renton, WA.

    Lot size:
    1.68 Acres

    Property Features for 13419 SE Petrovitsky Rd

    General Information

    Standard status
    Active
    Lot size
    1.68 Acres

    We can help!

    Listing Contact
    Toby Parker
    Source: Corcoran

    Listing Agency: EXP REALTY Listing Agent: Toby Parker

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

    Learn more

    Overview

    Renton Land with Development Potential

    This property features nearly 2 acres of land zoned R-18, presenting diverse construction opportunities, including townhomes, apartments, and condos. The zoning also permits retail commercial establishments, government facilities, restaurants, and bars. A preliminary wetland study has been completed. The location is situated in a growing area of Renton, near Fairwood Plaza, schools, Valley Medical Center, and Fairwood Golf & Country Club. It offers convenient commuting options with easy access to HWY 169, 167, I-405, and I-5. Updated wetland study documents are available. The seller is open to creative or seller financing options and potential partnerships to initiate the project.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.154814
    Latitude
    47.445251

    Nearby Similar for Sale

    • $1,300,000
      1,755 SF

      Renton Flex Space with Secured Yard

      Flex space with secured yard, convenient access to major highways.
      1500 Raymond Ave SW, Renton, WA 98057
      View Details
    • $3,950,000
      13,385 SF

      Renton Office Space For Sale

      High-quality office space in Renton, near various amenities and lodging.
      200 SW 41St St, Renton, WA 98057
      View Details
    • Contact for pricing
      4,396 SF

      Renton Office Space For Lease

      Office space available in Renton with ample parking.
      300 Pelly Ave N, Renton, WA 98057
      View Details
    • $1,200,000

      Restaurant Opportunity in Downtown Renton

      Restaurant with full build-out and on-site parking for sale.
      351 Park Ave N, Renton, WA 98057
      View Details
    • Contact for pricing
      83,964 SF

      Renton Office Space For Sale

      Six-story office building with ample parking and on-site management.
      15 S Grady Way, Renton, WA 98057
      View Details
    • Contact for pricing
      332,798 SF

      Class A Office Space Available

      Class A office space in Renton's new commercial district.
      1901 Oakesdale Ave Southwest, Renton, WA 98057
      View Details
    • $3,850,000

      Renton Retail Property For Sale

      Retail property available for purchase in Renton, Washington.
      720 Rainier Ave S, Renton, WA 98057
      View Details
    • Contact for pricing
      29,628 SF

      Climate Controlled Industrial Space

      29,628 SF thermoregulated warehouse in Kent business park.
      720 SW 34Th St, Renton, WA 98057
      View Details
    • Contact for pricing
      37,445 SF

      Renton Business Park Warehouse Space

      28,209 SF warehouse space in premier Renton business park.
      820-1020 SW 34Th St, Renton, WA 98055
      View Details
    • Contact for pricing
      2,955 SF

      Renton Medical/Office Space For Sale

      Medical/office space available minutes from downtown Renton.
      912-920 N 1St St, Renton, WA 98057
      View Details
    • $2,490,000
      9,760 SF

      Renton Office Building For Sale

      Office building in Blackriver Corporate Park with excellent regional access.
      1131 7Th St, Renton, WA 98057
      View Details
    • Contact for pricing
      314,982 SF

      Renton Business Park Flex Space

      Premier business park in Renton with grade level loading.
      800-1020 SW 34Th St, Renton, WA 98055
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2 acres of R-18 zoned land in Renton, WA.
    Where is this commercial land located?
    The property is located at 13419 SE Petrovitsky Rd Renton, WA.
    What are key features of this property?
    This property features: - R-18 zoning allows for diverse development options.; - Nearly 2 acres of land in a growing area of Renton.; - Seller is open to creative financing options and partnerships.
    (888) 317-5197
    Request Owner's contact information
    13419 SE Petrovitsky Rd Renton, WA 98058
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13419 SE Petrovitsky Rd
    Renton, WA 98058
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    13419 SE Petrovitsky Rd Renton, WA 98058
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Toby Parker
    (888) 317-5197
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!