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    FOR SALE
    Warehouses

    2940 Valley Rd, Renton, WA 98057

    9,600 SF 1.6 ac lot Built 1969
    Entity Owned Free & Clear
    Property ID
    US90-0728757
    No photos on file
    For Sale
    $9,000,000 9,600 SF
    2940 Valley Rd, Renton, WA 98057
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 11,200-square-foot commercial building, situated on a 1.6-acre fully paved and fenced lot in Renton, Washington, presents a unique investment opportunity. Located at 2940 E Valley Rd, 98057, this property boasts highway frontage on Highway 167, offering unparalleled visibility and convenient access to both Highway 167 and Highway 405, providing easy access to the entire Puget Sound region. The building's versatile clear-span structure is well-suited for a variety of businesses, including but not limited to auto dealerships and service centers, outdoor sales operations, landscaping businesses, heavy equipment storage, building materials sales, and various other service-oriented enterprises. The property is zoned CA - City of Renton, and features 14-foot high doors. The site is fully paved and fenced, providing ample space for operations and storage. The property can be delivered vacant at closing, or a short-term seller leaseback may be available. This adaptable space, combined with its prime location and excellent highway visibility, makes it an ideal investment for a wide range of commercial uses. The Assessor's Parcel Number (APN) is 3023059096. This is a single-tenancy property.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1969
    Construction STEEL FRAME
    Total area 9,600 SF
    Lot 1.6 ac (69,696 SF)
    Zoning code CA
    APN 302305-9096
    UPID US90-0728757
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.86M
    Blend (final) Blend
    $3.61M
    Owner & transaction history
    City Of Renton
    City Of Renton
    since 2026
    5 recorded transactions
    2026
    $313
    2026
    2026
    $5.0M
    2023
    $6.9M
    2005
    Zoning & alternative use
    CA · Renton, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.0M +77.7%
    Commercial (general) $4.9M +71.3%
    Auto repair, garage $4.0M +39.3%
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