Financial
Distress signals
Property profile

800 SW 39Th St Renton, WA 98055

FOR LEASE
Office buildings
Property ID
US90-0507555
60,320 SF 4.71 ac lot Built 1986
Last sale Mar 2026 · $30,919,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
800 SW 39Th St, Renton, WA 98055 For Lease
$7,695,000 30,977 SF available
800 SW 39Th St, Renton, WA 98055
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Property summary

AI-generated overview

The property is an office building with a total size of 30,977 square feet. The floor configuration is designed to be divisible, allowing the entire floor to be partitioned into approximately 6,600 rentable square feet of office space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$78k
Tax billed · 2022
Assessed value$7.44M
Assessed land$2.36M
Assessed improvement$5.08M
Effective rate1.05%

Value estimate

· Sep 2026
$7.70M
$6.93M – $8.46M
Submarket $/SF estimate$8.88M
NOI build-up
Gross scheduled income$1.02M
Vacancy & credit loss−$291k
Operating expenses−$183k
NOI · 35,595,909.09% cap applied$548k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$241/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$147 – $343
Qualifying comparables8

Cap rate analysis

How does the asset earn?
35,595,909.09%
$548k 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?
IL
IL Zone. 25. A preschool or day care center, when accessory to a public or community facility listed in RMC 4-2-060 G, is considered a pe...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop8.7
Laundry Service8.5
Daycare Center7.9

Location

800 SW 39Th St Renton, WA 98055
County assessor Recorded deeds · 7 transfers 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 7th, Renton, WA 98057 $11,500,000 Dec 2025 67,260 SF
800 Oakesdale SW, Renton, WA 98057-5221 $11,645,610 Mar 2025 74,280 SF
1801 Lind SW, Renton, WA 98057-3368 $84,000,000 Dec 2022 52,261 SF
2201 Lind SW, Renton, WA 98057-3323 $84,000,000 Dec 2022 114,000 SF
500 Naches SW, Renton, WA 98057-2293 $11,104,000 Sep 2022 73,132 SF
1300 27th, Renton, WA 98057-2435 $100,000,000 Dec 2021 114,403 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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