3709 4th St, Renton, WA 98056-4109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CA · Renton, WARenton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.