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Property profile & analytics
OFF-MARKET
Office buildings

1300 27th St Renton, WA 98057-2435

114,403 SF 16.76 ac lot Built 2017
Entity Owned 4-yr Hold Free & Clear
Property ID
US90-2479241
Property summary
AI-generated overview

The Baker Building, a prestigious Class A office property in Renton/Tukwila's Southend submarket, offers an exceptional opportunity for businesses seeking high-quality space. Completed in 2017, this three-story building boasts a total of 112,272 square feet, with the entire building currently vacant and available for lease. The property sits on a substantial 16.74-acre lot (729,056 square feet), providing ample parking and potential for future expansion. Flexible lease terms are available, accommodating various needs. The minimum divisible space is 34,327 square feet, while the maximum contiguous space is the entire 112,272 square feet. The building features high-end improvements and highly efficient layouts, designed to maximize productivity and create a modern, comfortable work environment. Its King County location offers easy access to major transportation routes and amenities. This is a rare opportunity to secure a significant amount of prime office space in a thriving submarket. The property's APN is 088670-0100. Contact us today to learn more about leasing options.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 114,403 SF
Lot 16.76 ac (729,963 SF)
Zoning code CO
APN 088670-0100
UPID US90-2479241
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Unico Longacres North Building LLC · 4 yrs held
Unico Longacres North Building LLC
since 2021
Last sale
$100.0M
6 recorded transactions
2024
Price N/A
2021
$100.0M
2018
$19.5M
2018
Price N/A
2015
$14.6M
1969
Price N/A
Zoning & alternative use
CO · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales are limited to farmer’s markets, building, hardware and garden products, vending machines, and retail product lockers. Vending machines and…

Zone name Commercial Office
General category COMMERCIAL
Zone area 506.44 ac
Source Section 4-2-080
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