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Property profile & analytics
OFF-MARKET Estimated value $4,655,000
Office buildings

800 16th St Renton, WA 98057-2612

25,300 SF 3.25 ac lot Built 1965
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US90-0158515
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,300 SF
Lot 3.25 ac (141,525 SF)
Zoning code IM
APN 334040-6430
UPID US90-0158515
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.29M
Blend (final) Blend
$4.66M
Owner & transaction history
Ob Renton Properties LLC · 9 yrs held
Ob Renton Properties LLC
since 2017
7 recorded transactions
2017
Price N/A
2017
$7.1M
2000
$2.4M
1998
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IM · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

61. No drive-through service shall be permitted, except for financial institutions, and multi-story buildings in the CV and CD Zones, and uses permitted within the IL, IM, or IH Zones. Financial institutions are permitted a maximum of three (3) accessory drive-up windows that shall be part of the exterior wall of the financial institution structure. Drive-th…

Zone name Medium Industrial
General category INDUSTRIAL
Zone area 611.35 ac
Source Section 4-2-080
Top alternative use upside
Warehouse, storage $7.5M +22.4%
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