250 Rainier Ave S, Renton, WA 98057
This exceptional commercial property, located at 250 Rainier Ave S in Renton, Washington, presents a unique investment opportunity. The property boasts a total building size of 1,549 square feet, currently vacant and ready for immediate occupancy. The expansive lot size of 32,359 square feet offers significant potential for expansion or redevelopment. The property is zoned CA and has an APN of 1823059063, situated in King County. Its strategic location in the heart of Renton's retail district provides exceptional visibility and accessibility. Just off Interstate-405 and minutes from the Boeing factory, this property benefits from high traffic volume and proximity to a major employer. The versatility of this site allows for a variety of uses, making it ideal for retail businesses or automotive sales. The property's single-tenant occupancy provides flexibility for future development. Renton's thriving economy and its proximity to Seattle (just 11 miles southeast) further enhance the property's investment appeal. This is a rare opportunity to acquire a well-located commercial property with significant upside potential in a rapidly growing market. The property's zip code is 98057.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CA · Renton, WARenton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.