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Property profile & analytics
OFF-MARKET Estimated value $5,410,000
Retail space

3116 Sunset Blvd Renton, WA 98056-3337

16,755 SF 1.76 ac lot Built 2000
Individually Owned Free & Clear
Property ID
US90-0607767
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,755 SF
Lot 1.76 ac (76,500 SF)
Zoning code CV
APN 042305-9095
UPID US90-0607767
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
$5.48M
CAP Approach CAP
$3.85M
Comparable Approach Comparable
$5.39M
Blend (final) Blend
$5.41M
Owner & transaction history
Multicare Health System
Multicare Health System
since 2026
Last sale
$6.4M
6 recorded transactions
2026
$7.3M
2022
$6.4M
2013
$4.3M
1999
$335,000
1994
$56,250
1994
$56,500
Zoning & alternative use
CV · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

d. Any overnight vehicle parking accessory to this use shall not be located in the front setback or in a side setback along a street. Additionally, in the CN or CV Zone, this use shall be associated with a gas station. 3. These uses shall not be located on the ground floor of buildings in the Downtown Business District depicted in RMC 4-2-080 D, except struc…

Zone name Center Village
General category MIXED_USE
Zone area 89.70 ac
Source Section 4-2-080
Top alternative use upside
Restaurant $8.8M +30.9%
Commercial (general) $8.5M +26.2%
Auto repair, garage $6.9M +2.6%
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