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    2940 Valley Rd Renton, WA 98057

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    For Sale
    Contact for pricing

    Highway 167 frontage, 11,200 SF

    Property size:
    11,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,200-square-foot commercial building, situated on a 1.6-acre fully paved and fenced lot in Renton, Washington, presents a unique investment opportunity. Located at 2940 E Valley Rd, 98057, this property boasts highway frontage on Highway 167, offering unparalleled visibility and convenient access to both Highway 167 and Highway 405, providing easy access to the entire Puget Sound region. The building's versatile clear-span structure is well-suited for a variety of businesses, including but not limited to auto dealerships and service centers, outdoor sales operations, landscaping businesses, heavy equipment storage, building materials sales, and various other service-oriented enterprises. The property is zoned CA - City of Renton, and features 14-foot high doors. The site is fully paved and fenced, providing ample space for operations and storage. The property can be delivered vacant at closing, or a short-term seller leaseback may be available. This adaptable space, combined with its prime location and excellent highway visibility, makes it an ideal investment for a wide range of commercial uses. The Assessor's Parcel Number (APN) is 3023059096. This is a single-tenancy property.

    Property Features for 2940 Valley Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    11,200 SF
    Lot Size
    69,696 SF

    HighLights

    • 11,200 SF commercial building on a 1.6‑acre paved & fenced lot in Renton, WA.
    • Highway 167 frontage with excellent visibility and access to Highways 167 & 405.
    • Versatile clear‑span building suitable for various uses, including auto dealerships, outdoor sales, and storage.
    • Fully paved and fenced site with 14‑foot high doors.
    • APN: 3023059096; Can be delivered vacant or with a short‑term seller leaseback.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    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
    -122.217398
    Latitude
    47.4552876

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    FAQs

    What type of property is this?
    Automotive property - Highway 167 frontage, 11,200 SF
    Where is this automotive property located?
    The property is located at 2940 Valley Rd Renton, WA.
    What are key features of this property?
    This property features: 11,200 SF commercial building on a 1.6-acre paved & fenced lot in Renton, WA.; Highway 167 frontage with excellent visibility and access to Highways 167 & 405.; Versatile clear-span building suitable for various uses, including auto dealerships, outdoor sales, and storage.
    Request Owner's contact information
    2940 Valley Rd 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
    2940 Valley Rd Renton, WA 98057
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