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Property summary
This exceptional two-story office building, constructed in 2006, is situated on a 0.8-acre lot in the desirable Renton, Washington area. The property, located at 200 SW 41st St, boasts a convenient location with easy access to a variety of amenities. Within walking distance, you'll find popular restaurants such as Starbucks, Burger King, Subway, and Jersey Mike's. Numerous hotels, including the Clarion Hotel, Hilton Garden Inn, SpringHill Suites, Larkspur Landing, and Towneplace Suites, are also nearby, providing convenient lodging options for clients and employees. The iconic IKEA store is just a block away, adding to the property's high visibility and desirability. The building offers ample parking with a 4/1,000 square foot ratio in a well-lit lot. The asking price for this turnkey office space is $3,950,000. The property's King County Assessor's Parcel Number (APN) is 125360-0050. This presents a unique opportunity to acquire a high-quality office building in a thriving location with excellent access to amenities and major retailers. The property's traditional office design provides a functional and appealing workspace.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Renton market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CA · Renton, WAiii. 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CA in Renton, WA.
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