Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4150 Lind Ave SW Renton, WA 98057

    • Industrial properties
    • 55,375 SF
    • 4.35 lot acres
    For Lease
    View listing
    $24 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1548602
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 4150 Lind Ave SW

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.35 lot acres
    Property size
    55,375 SF
    Zone code
    CO
    Property type
    Industrial properties
    APN
    392680-0080
    APU
    3926800080

    Description

    South Lind Square - Building B, located at 4150 Lind Ave SW in Renton, WA 98057, offers a unique opportunity to lease flexible commercial space. This single-story, Class B building, constructed in 1987, totals 29,047 square feet and sits on a 2.3-acre lot (199,653 square feet). The property is zoned CO and features a variety of space options, suitable for traditional office, executive office, flex, and warehouse uses. Multiple tenancies are available, ranging from 2,777 to 12,218 square feet. The building provides ample parking with 115 spaces. Its convenient location offers immediate access to Highway 167, placing tenants within three miles of Southcenter Mall and five minutes from UW Medicine/Valley Medical Center. Public transportation is readily available, with Metro bus stops directly in front of the property. Tenants are responsible for their own janitorial services. The property's APN is 392680-0070, and it's situated in the Renton submarket, specifically the Southend cluster. This property presents a compelling opportunity for businesses seeking a well-located and adaptable workspace in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,652,000
      Market price range: $1.06M - $5.34M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.223
    Latitude
    47.4423
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $107,083
    $5,023,800
    $5,155,500
    $10,179,300
    -
    $5,023,800
    $5,155,500
    $10,179,300

    Comparable in this City

    • Value Estimation
      $3,920,000
      29,618 SF

      800 34th St

      INDUSTRIAL (GENERAL) • 29,618 SF
      800 34th St, Renton, WA 98057-4807
      View Details
    • Value Estimation by Request
      1,456 SF

      Renton, WA 98057

      HEAVY INDUSTRIAL • 1,456 SF
      Renton, WA 98057
      View Details
    • Value Estimation
      $3,080,000
      35,047 SF

      2200 Lind SW Ave

      INDUSTRIAL (GENERAL) • 35,047 SF
      2200 Lind SW Ave, Renton, WA 98057-3330
      View Details
    • Value Estimation
      $655,000
      4,625 SF

      107 Williams S Ave

      INDUSTRIAL (GENERAL) • 4,625 SF
      107 Williams S Ave, Renton, WA 98057-2149
      View Details
    • Value Estimation
      $1,245,000
      13,480 SF

      879 Rainier N Ave

      INDUSTRIAL (GENERAL) • 13,480 SF
      879 Rainier N Ave, Renton, WA 98057-5378
      View Details
    • Value Estimation
      $700,000
      5,016 SF

      604 Smithers S Ave

      INDUSTRIAL (GENERAL) • 5,016 SF
      604 Smithers S Ave, Renton, WA 98057
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.20 Acres

      Renton Industrial Land - Highway 167

      Prime Renton location, 4.2 acres, highway frontage.
      2960 Valley Rd, Renton, WA 98057
      View Details
    • Contact for pricing

      Renton Warehouse: Skyway Area

      Prime Renton location, industrial warehouse.
      765 Rainier Ave, Renton, WA 98057
      View Details
    • $7,425,000
      32,788 SF

      Bryant Motors: Renton Industrial

      Renton warehouse, redevelopment opportunity.
      1300 Bronson Way, Renton, WA 98057
      View Details
    • $2,950,000
      11,530 SF

      Renton Industrial Property for Sale

      Industrial property in Renton, WA, with convenient access to major cities.
      263 Rainier Ave S, Renton, WA 98057
      View Details
    • Contact for pricing
      29,628 SF

      Climate Controlled Industrial Space

      29,628 SF thermoregulated warehouse in Kent business park.
      720 SW 34Th St, Renton, WA 98057
      View Details
    • $7,425,000

      Renton Retail, Showroom, Warehouse Space

      Retail, showroom, and warehouse with parking/yard storage for sale.
      1300 Bronson Way N, Renton, WA 98057
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      29,047 SF

      Renton Industrial Space For Lease

      Industrial property with 29,047 square feet available for lease.
      4150 Lind Ave SW, Renton, WA 98057
      View Details
    • $13 SF/Yr
      10,000 SF

      Industrial Space in Renton

      Industrial property available for lease in Renton, Washington.
      851 Houser Way N, Renton, WA 98057
      View Details
    • $3,500 /Mo
      2,200 SF

      Downtown Renton Warehouse Style Space

      Unique 2,200 sq ft warehouse space in downtown Renton.
      205 Logan Ave S, Renton, WA 98057
      View Details
    • Contact for pricing
      45,715 SF

      Kent Valley Freestanding Facility

      Cross-loaded warehouse in northern Kent Valley, available January 1, 2026.
      901 SW 39Th St, Renton, WA 98057
      View Details
    • Contact for pricing
      27,912 SF

      Renton Flex Space: Prime Location

      Versatile Industrial/Office Space Available
      865-901 Rainier Ave, Renton, WA 98057
      View Details
    • Contact for pricing
      120,948 SF

      Renton Warehouse Space Available

      120,948 SF warehouse space for lease in Renton, WA.
      1100 SW 27Th St, Renton, WA 98057
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4150 Lind Ave SW
    Renton, WA 98057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.