Property summary
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
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CA · Renton, WAiii. 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CA in Renton, WA.
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