2960 Vly Rd Renton, WA 98057-3301
This exceptional 4.2-acre property in Renton, Washington, presents a rare development opportunity. Located at 2960-2990 East Valley Road, this site boasts significant highway frontage along Highway 167, offering unparalleled visibility and accessibility. Currently zoned CA - Commercial Arterial by the City of Renton, the property allows for a maximum 65% site coverage (75% with integrated parking). Maximum building height is 50 feet for single-use developments and 70 feet for mixed-use projects. A portion of the land is occupied by Compton Lumber and Hardware, while the remaining acreage is ready for redevelopment. A pre-existing building pad is in place, supporting approximately 40,000 square feet of construction. Detailed site plans and permit drawings are available to expedite the development process. This may be one of the last opportunities to acquire a property of this size and potential in King County. The property's proximity to Highway 167 on/off ramps further enhances its strategic value. This is an ideal location for owner-users or investors seeking a high-impact commercial or industrial development project. The property's address is 2960 E Valley Rd, Renton, WA 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.