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    940 Thomas Ave Renton, WA 98057

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    For Lease
    Contact for pricing

    136,800 SF Manufacturing/Warehouse

    Lot size:
    136,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Renton, WA industrial property, located at 940 Thomas Ave SW, 98057, offers 136,800 square feet of versatile manufacturing and warehouse space. The Class B building, constructed in 1969, sits on a 5.67-acre lot (246,985 sq ft) and features a 22-foot ceiling height, ideal for various industrial uses. The property includes 8 dock-high doors and 8 drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 125 spaces (a ratio of 0.91 spaces per 1,000 square feet). The property boasts 300 amp/480-volt 3-phase power. Zoned LI, this location benefits from convenient freeway access via West Valley Highway and Rainier Ave South, situated north of I-405. High-efficiency fluorescent lighting is installed throughout. Currently, one 21,632 sq ft space is available for lease, with occupancy anticipated within 30-60 days. Note that this property is not subject to Seattle B&O tax. The property's APN is 214600-0010.

    Property Features for 940 Thomas Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    136,800 SF
    Class
    B

    Building Details

    Year Built
    1969

    Unit(s) available at that property

    Space
    Ste 940
    Size
    21,632 SF

    HighLights

    • 136,800 SF Class B industrial building on a 5.67‑acre lot in Renton, WA.
    • 22' ceiling height, 8 dock‑high doors, and 8 drive‑in doors.
    • 125 parking spaces, 300 amp/480‑volt 3‑phase power, and high‑efficiency lighting.
    • LI zoning with convenient freeway access (I‑405, West Valley Highway, Rainier Ave S).
    • 21,632 SF immediately available, 30‑60 day occupancy.
    • APN 214600‑0010; not subject to Seattle B&O tax.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -122.2279416
    Latitude
    47.4719726

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    FAQs

    What type of property is this?
    Distribution property - 136,800 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 940 Thomas Ave Renton, WA.
    What are key features of this property?
    This property features: 136,800 SF Class B industrial building on a 5.67-acre lot in Renton, WA.; 22' ceiling height, 8 dock-high doors, and 8 drive-in doors.; 125 parking spaces, 300 amp/480-volt 3-phase power, and high-efficiency lighting.
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    940 Thomas Ave Renton, WA 98057
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    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
    940 Thomas Ave Renton, WA 98057
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