Property profile

151 Sunset N Blvd Renton, WA 98057

OFF-MARKET
Turn key restaurants
Property ID
US90-0725680
2,970 SF 0.56 ac lot Built 1971
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,970 square foot retail space, currently configured as a restaurant, is ideally situated at the high-traffic corner where Interstate 405 and Highway 169 converge in Renton, Washington. Located at 151 Sunset Boulevard North, zip code 98057, this single-tenant property offers unparalleled visibility and accessibility for businesses seeking a prime location in King County. The building's size provides ample space for a variety of restaurant concepts or adaptable retail uses. The strategic intersection ensures consistent exposure to a large volume of daily traffic, providing significant potential for customer engagement and business growth. This property presents a unique opportunity for businesses seeking a prominent location with high visibility and convenient access to major transportation arteries. The address is easily accessible and benefits from excellent visibility due to its corner location. This is a single-tenant property, offering a streamlined and efficient operational environment. Serious inquiries are encouraged to explore the potential of this exceptional commercial space. The property is located in Renton, Washington, within King County.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,970 SF
Lot 0.56 ac (24,250 SF)
Zoning code CA
APN 172305-9074
UPID US90-0725680

Cap rate & NOI

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

Location

151 Sunset N Blvd Renton, WA 98057-5501
Renton metro Census 25303 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.23M

Owner & transaction history

since 2022
Last sale
$1.4M
3 recorded transactions
2022
$1.4M
2016
Price N/A
2003
$500,000

Zoning & alternative use

CA · Renton, WA
Zoning description

iii. In the CA Zone where abutting a City of Renton residential zone if at least one (1) vertically mixed-use building is constructed along the street frontage(s) with a minimum of two (2) residential stories above comme…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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