Property profile

16409 SE Renton Issaquah Rd SR-900 Renton, WA 98059

FOR LEASE
Auto shops
Saved · see the list in your Dashboard
Property ID
US90-1397999
6,000 SF 0.5 ac Built 1940
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
16409 SE Renton Issaquah Rd,Unit SR-900, Renton, WA 98059 For Lease
Contact for pricing 2,300 SF available
16409 SE Renton Issaquah Rd,Unit SR-900, Renton, WA 98059
View Listing

Property summary

AI-generated overview

The property includes an approximately 4,800-square-foot fenced yard and a warehouse with a grade-level roll-up door. The warehouse has 12-foot ceilings and contains approximately 2,300 square feet of enclosed space. It is positioned for access to the Issaquah/Renton area via SR 900 and to Newcastle/Newport via 164th Ave SE.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value · 2023$980k
Assessed land$347k
Assessed improvement$633k
Effective rate1.78%

Value estimate

· Nov 2026
$355k
$320k – $391k
AI approach$350k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 1,413,200.00% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$217 – $739

Cap rate analysis

How does the asset earn?
1,413,200.00%
$21k 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?
NB
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 agency16.6
Dental Office14.0
Building Supply13.8

Location

16409 SE Renton Issaquah Rd, Unit SR-900 Renton, WA 98059
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
354 Un NE, Renton, WA 98059-5248 $5,938,605 Dec 2025 13,300 SF
4111 Sunset, Renton, WA 98059-4015 $1,000,000 Oct 2022 3,108 SF
4405 4th, Renton, WA 98059-5027 $590,000 Mar 2022 3,000 SF
1545 Duvall NE, Renton, WA 98059-3921 $1,150,000 May 2020 2,800 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved