Financial
Distress signals
Property profile

3051 E Valley Rd Renton, WA 98057

FOR LEASE
Manufacturing properties
Property ID
US90-0197851
25,000 SF 1.69 ac lot Built 1996
Last sale Aug 2019 · $5,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3051 E Valley Rd, Renton, WA 98057 For Lease
Contact for pricing 25,100 SF available
3051 E Valley Rd, Renton, WA 98057
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Property summary

AI-generated overview

The property is a freestanding manufacturing building totaling approximately 25,100 square feet, designed for industrial use and supported by heavy electrical capacity including 480V power. A 5-ton bridge crane is included within the facility. The site includes an approximately 18,250 square foot fenced yard area. Loading and access are provided by two dock doors and two oversized drive-in doors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$49k
Tax billed · 2022
Assessed value$4.88M
Assessed land$939k
Assessed improvement$3.94M
Effective rate1.01%

Value estimate

· Sep 2026
$3.36M
$3.02M – $3.69M
CAP approach$3.48M
NOI build-up
Gross scheduled income$358k
Vacancy & credit loss−$28k
Operating expenses−$99k
NOI · 14,279,567.90% cap applied$231k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$191 – $398
Qualifying comparables3

Cap rate analysis

How does the asset earn?
14,279,567.90%
$231k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IH
The purpose of the Heavy Industrial Zone (IH) is to provide areas for high-intensity industrial activities involving heavy fabrication, p...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.9
Garden Center9.7
Smoke and Vape Shop9.7

Location

3051 E Valley Rd Renton, WA 98057
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
61 Shattuck S, Renton, WA 98057-5314 $2,300,000 Feb 2024 7,000 SF
325 Burnett S, Renton, WA 98057 $2,500,000 Dec 2021 15,023 SF
620 7th, Renton, WA 98057-2701 $3,490,000 Sep 2021 11,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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