Property summary
This exceptional 1.9-acre property, comprised of two tax lots, presents a remarkable mixed-use development opportunity in the thriving city of Renton, WA. Located at 3709 NE 4th Street, this is the last large commercially-zoned (CA) parcel available along NE 4th Street, offering unparalleled potential for investors and developers. A Phase 1 Environmental study has already been completed, streamlining the development process. Furthermore, preliminary site and building layouts, along with an estimated end product valuation, are readily available for review. These comprehensive documents provide a solid foundation for planning and financial projections. The property currently generates a substantial monthly income stream. The detailed studies and plans are accessible upon request, providing potential buyers with a clear understanding of the property's development potential and current financial performance. This is a rare chance to acquire a significant, income-producing asset in a prime Renton location, poised for substantial future growth. Don't miss this exceptional investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 comme…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CA · Renton, WAiii. 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 comme…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 comme…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CA in Renton, WA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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