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    17722 Talbot Rd Renton, WA 98055

    For Sale
    $2,550,000

    Prime Medical Office, 6,901 SF, $2.55M

    Property size:
    6,901 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,901 square foot medical office building is situated on a 0.52-acre lot in the thriving city of Renton, Washington, and is zoned OC. Located at 17722 Talbot Rd S, 98055, this single-building property presents a compelling investment opportunity. The asking price is $2,550,000, translating to a price per square foot of $369.51. The property's convenient location offers easy access to major transportation routes and is ideally positioned within the service area of Valley Medical Center, a large non-profit healthcare provider serving the community since 1947. This established medical facility offers a wide range of services, including emergency care, childbirth services, heart and vascular care, and orthopedics, creating a strong demand for nearby medical office space. The property's size and zoning make it suitable for a variety of medical practices or healthcare-related businesses. This is a rare opportunity to acquire a well-located, established medical office building in a high-growth area with strong healthcare infrastructure. The property's solid construction and desirable location make it an attractive investment for both seasoned and new investors seeking a stable and potentially high-return asset in the burgeoning Renton medical market. King County location provides access to a large and growing patient base.

    Property Features for 17722 Talbot Rd

    General Information

    Property type
    Medical offices
    Square Feet
    6,901 SF
    Lot Size
    22,651 SF

    Building Details

    Buildings
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.211403
    Latitude
    47.4432282

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 6,901 SF, $2.55M
    Where is this medical office located?
    The property is located at 17722 Talbot Rd Renton, WA.
    What is the asking price?
    The asking price for this property is $2,550,000.
    Request Owner's contact information
    17722 Talbot Rd Renton, WA 98055
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    Renton, WA 98055
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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
    17722 Talbot Rd Renton, WA 98055
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