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Property profile & analytics
FOR SALE
Auto shops
3205 4Th St, Renton, WA 98056
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-1017065
No photos on file
For Sale
$3,300,000
3205 4Th St, Renton, WA 98056
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1977
Construction
WOOD
Total area
11,381 SF
Lot
0.85 ac (37,026 SF)
Zoning code
CA
APN
162305-9112
UPID
US90-1017065
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
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$846k
Blend (final)
Blend
$615k
Owner & transaction history
Renton Real Estate LLC · 20 yrs held
Renton Real Estate LLC
since 2005
7 recorded transactions
Zoning & alternative use
CA · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$23,353
Tax year 2022
Assessed value
$2,277,000
Assessed 2022
Previous assessed
$2,277,000
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$962,600
Assessed improvement
$1,314,400
Land market value
$962,600
Improvement market value
$1,314,400
Total market value
$2,277,000
Applied tax rate
2,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1977
Construction
WOOD
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Total area
11,381 SF
Lot
0.85 ac (37,026 SF)
Zoning code
CA
APN
162305-9112
UPID
US90-1017065
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CA · Renton, WA
Zoning CA · permitted uses
CA · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Renton Real Estate LLC
Entity
Mailing address
3205 NE 4TH ST, RENTON, WA 98056-4118
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2005
—
Renton Real Estate LLC
Harms,kenneth R & Donna R
Quit Claim Deed
related
—
Mar 31, 1998
$700,000
Kenneth R Harms
Backman,ebenhard E
Grant Deed
$600,000 · Seller
Jul 24, 1996
—
Erik P Backman
May Valley Land Trust
Quit Claim Deed
related
—
Apr 26, 1989
—
Obermeier,dennis(trustee)
Pe,eric&backman,
Grant Deed
related
—
—
—
Kenneth R Harris
—
Deed Of Trust
related
$566,501 · Key Bank NA
—
—
Renton Real Estate LLC
—
Deed Of Trust
related
$1,100,000 · Key Bank NA
—
—
Renton Real Estate LLC
—
Deed Of Trust
related
$975,000 · Bank Of The West
—
—
Kenneth R Harms
—
Deed Of Trust
related
$360,000 · Key Bank NA
—
—
Kenneth R Harms
—
Deed Of Trust
related
$100,000 · Glj Enterprises INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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