Property profile

2915 Vly Rd Renton, WA 98057

OFF-MARKET
Warehouses
Property ID
US90-3262315
10,945 SF 2.42 ac lot Built 1987
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 11,134-square-foot industrial warehouse is available for lease in Renton, Washington. Situated on a generous 2.4-acre lot in King County, this single-tenant property offers significant potential for a variety of businesses. The warehouse boasts a substantial 15-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by 18 dock-high doors, ensuring efficient loading and unloading of goods. The property's location in Renton offers convenient access to major transportation routes, making it an ideal location for distribution and logistics companies. The entire 11,134 square feet is currently vacant, presenting a unique opportunity for a business to customize the space to meet its specific needs. The property's zoning and permitted uses should be verified independently. This is a rare opportunity to secure a substantial warehouse in a prime Renton location. The property is ready for immediate occupancy. All interested parties should conduct their own due diligence to confirm all aspects of the property. The address is 2915 E Valley Rd, Renton, WA 98057.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,945 SF
Lot 2.42 ac (105,469 SF)
Zoning code IM
APN 125380-0010
UPID US90-3262315

Cap rate & NOI

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

Location

2915 Vly Rd Renton, WA 98057-3302
Renton metro Census 26200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k

Owner & transaction history

since 2006
4 recorded transactions
2006
$2.3M
1995
Price N/A
1994
$770,000
1969
Price N/A

Zoning & alternative use

IM · Renton, WA
Zoning description

61. No drive-through service shall be permitted, except for financial institutions, and multi-story buildings in the CV and CD Zones, and uses permitted within the IL, IM, or IH Zones. Financial institutions are permitte…

General category INDUSTRIAL

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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