Property profile

2940 Valley Rd Renton, WA 98057

FOR SALE
Warehouses
Property ID
US90-0728757
9,600 SF 1.6 ac lot Built 1969
Entity Owned Free & Clear
Saved · see the list in your Dashboard
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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply

Location

2940 Valley Rd Renton, WA 98057
Renton metro Census 26200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.86M
Blend (final) Blend
$6.58M

Owner & transaction history

since 2026
5 recorded transactions
2026
$313
2026
Price N/A
2026
$5.0M
2023
$6.9M
2005
Price N/A

Zoning & alternative use

CA · Renton, WA
Zoning description

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…

General category MIXED_USE
Top alternative use upside
Restaurant $5.0M +77.7%
Commercial (general) $4.9M +71.3%
Auto repair, garage $4.0M +39.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message