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Property profile & analytics
OFF-MARKET Estimated value $1,145,000
Outlet malls

303 Main S Ave Renton, WA 98057

7,749 SF 0.18 ac lot Built 1927
Individually Owned 28-yr Hold ~ Est. High Equity
Property ID
US90-1605321
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,749 SF
Lot 0.18 ac (7,928 SF)
Zoning code CD
APN 723150-1345
UPID US90-1605321
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
by Request
Blend (final) Blend
$1.15M
Owner & transaction history
Cevin H Waffle · 28 yrs held
Cevin H Waffle
since 1998
7 recorded transactions
2018
Price N/A
1998
$325,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CD · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales are limited to farmer’s markets, building, hardware and garden products, vending machines, and retail product lockers. Vending machines and…

Zone name Center Downtown
General category MIXED_USE
Zone area 112.86 ac
Source Section 4-2-080
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