You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,325,000
Commercial real estate

365 Grady Way Renton, WA 98057-3206

8,992 SF 1.8 ac lot Built 2007
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US90-2061808
Property summary
AI-generated overview

This exceptional Renton, King County property offers 91,813 square feet of retail, restaurant, and office space across three single-story buildings. Built in 1965 and renovated in 2007, the property sits on a 9.8-acre lot (426,966 sq ft) with a generous 4.5:1 parking ratio. The maximum contiguous space available is 5,240 square feet, ideal for a variety of businesses. Located at the intersection of I-405 and SR-167, near S Grady and Rainier Ave. South, this location boasts exceptional visibility and accessibility, with two signalized intersections allowing for full left-turn movements. Annual property taxes are $6.75 per square foot. The property benefits from high daily traffic volume of approximately 29,909 vehicles per day (2018 data) on South Grady Way. It's situated directly across from a major Park & Ride, soon to be redeveloped into a South Renton Bus Rapid Transit Center (construction starting 2023). This prime location offers easy access to I-405, connecting to Bellevue, Seattle, and SEATAC International Airport. Strong co-tenancy includes Uwajimaya, Big 5 Sporting Goods, McDonald's, Applebee's, Genki Sushi, Wells Fargo, and Lemongrass Restaurant, ensuring a consistent flow of customers throughout the day and evening. The APN is 1923059043. This property presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving Renton submarket.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,992 SF
Lot 1.8 ac (78,370 SF)
Zoning code CA
APN 192305-9101
UPID US90-2061808
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
$1.83M
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.33M
Owner & transaction history
Rva Land Owner LLC · 1 yrs held
Rva Land Owner LLC
since 2024
3 recorded transactions
2024
Price N/A
2012
Price N/A
2005
Price N/A
Zoning & alternative use
CA · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 commercial, the standalone residential building(s) are sited closest to the abutting residential zone and, if townhouses, limited to three (3) st…

Zone name Commercial Arterial
General category MIXED_USE
Zone area 790.24 ac
Source Section 4-2-080
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 365 Grady Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message