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Property profile & analytics
FOR LEASE
Industrial properties
710 SW 34Th St, Renton, WA 98057
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-3262319
For Lease
$7,940,000
710 SW 34Th St, Renton, WA 98057
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,452 SF
Lot
1.34 ac (58,545 SF)
Zoning code
IL
APN
630849-0030
UPID
US90-3262319
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
$8.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.94M
Owner & transaction history
Bcif Oakesdale Cc LLC · 5 yrs held
Bcif Oakesdale Cc LLC
since 2021
Last sale
$7.7M
2 recorded transactions
Zoning & alternative use
IL · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.5M
+45.6%
Retail stores
$12.2M
+41.9%
Apartment house (5+ units)
$10.8M
+25.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,240,000
ML approach
$8,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,605,000
Current use
AUTO REPAIR, GARAGE
$12,530,000
Change: +46% · Conversion: Easy
RETAIL STORES
$12,210,000
Change: +42% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$10,800,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$10,470,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,995,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$7.94M
Range $7.15M – $8.73M · ±10% · vs last sale $7.65M (May 3 2021)
Last sale anchor
$7.65M
May 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$261 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$74,614
Tax year 2022
Assessed value
$7,290,200
Assessed 2022
Previous assessed
$7,290,200
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$687,900
Assessed improvement
$6,602,300
Land market value
$687,900
Improvement market value
$6,602,300
Total market value
$7,290,200
Applied tax rate
2,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
30,452 SF
Lot
1.34 ac (58,545 SF)
Zoning code
IL
APN
630849-0030
UPID
US90-3262319
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IL · Renton, WA
Zoning IL · permitted uses
IL · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$12.5M
RETAIL STORES
Est. value
$12.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$10.5M
WAREHOUSE, STORAGE
Est. value
$9.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Bcif Oakesdale Cc LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2151 MICHELSON DR STE #282, IRVINE, CA 92612-1374
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2021
$7,650,000
Bcif Oakesdale Cc LLC
Bit Properties LLC
Bargain And Sale Deed
—
Oct 14, 2005
$2,517,919
Bit Properties LLC
Oakesdale Commerce Center LLC
Warranty Deed
$2,175,000 · General Electric Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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