Property profile

247 Park N Ave Renton, WA 98057

OFF-MARKET
Turn key restaurants
Property ID
US90-1001970
5,002 SF 0.23 ac lot Built 1966
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,002 SF
Lot 0.23 ac (10,213 SF)
Zoning code CN
APN 722400-0340
UPID US90-1001970

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

247 Park N Ave Renton, WA 98057-5718
Renton metro Census 25303 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2019
1 recorded transaction
2019
$1.2M

Zoning & alternative use

CN · Renton, WA
Zoning description

d. Any overnight vehicle parking accessory to this use shall not be located in the front setback or in a side setback along a street. Additionally, in the CN or CV Zone, this use shall be associated with a gas station. 3…

General category COMMERCIAL

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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