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Financial
Distress signals
Property profile

3721 Talbot Rd S Renton, WA 98055

FOR LEASE
Medical Office Space
Property ID
US90-0960249
7,972 SF 1.02 ac lot Built 1972
Last sale Jun 2024 · $5,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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3721 Talbot Rd S, Renton, WA 98055 For Lease
Contact for pricing 7,972 SF available
3721 Talbot Rd S, Renton, WA 98055
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Property summary

AI-generated overview

This suburban office building is located in Renton immediately adjacent to the UW Medicine/Valley Medical main hospital campus, with access to Highway 167 nearby. The building includes medical-use space on the first floor, and it supports exterior building signage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value · 2023$2.06M
Assessed land$1.02M
Assessed improvement$1.04M
Effective rate1.17%

Value estimate

· Oct 2026
$1.45M
$1.31M – $1.60M
NOI build-up
Gross scheduled income$230k
Vacancy & credit loss−$21k
Operating expenses−$84k
NOI · 522,325.00% cap applied$125k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$344/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$180 – $466
Qualifying comparables5

Cap rate analysis

How does the asset earn?
522,325.00%
$125k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CO
The Commercial Office Zone (CO) is established to provide areas appropriate for professional, administrative, and business offices and re...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.1
Law Firm11.7
Garden Center11.4

Location

3721 Talbot Rd S Renton, WA 98055
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17800 Talbot S, Renton, WA 98055-5740 $8,350,000 May 2022 16,837 SF
1920 Puget, Renton, WA 98055-4407 $1,125,000 Apr 2021 3,960 SF
16651 108th SE, Renton, WA 98055-5108 $750,000 Aug 2020 2,852 SF
17906 Talbot S, Renton, WA 98055-6230 $1,350,000 Dec 2019 6,016 SF
9806 Carr, Renton, WA 98055-5813 $920,000 Sep 2019 2,500 SF
17600 Talbot S, Renton, WA 98055-5788 $1,705,000 Jan 2019 9,014 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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