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    940 Thomas Ave Renton, WA 98057

    OFF-MARKET Warehouses Google Maps
    136,800 SF 5.67 ac lot Built 1969
    Estimated value
    No estimation on file for this property yet.
    Property ID

    Property summary

    AI-generated overview

    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 profile

    Verified
    Property type Warehouses
    Year built 1969
    Total area 136,800 SF
    Lot 5.67 ac (246,985 SF)

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

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    • Value Estimation
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    • Value Estimation
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    • Value Estimation
      $16,075,000
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      DISTRIBUTION WAREHOUSE
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      View Details
    • Value Estimation
      $2,830,000
      26,471 SF
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      DISTRIBUTION WAREHOUSE
      851 Houser N Way, Renton, WA 98057-5518
      View Details

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    Recent comparable sales
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