New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,300,000
Distribution centers
900 Powell SW Ave, Renton, WA 98057-2907
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1366285
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
78,860 SF
Lot
2.84 ac (123,645 SF)
Zoning code
IM
APN
214610-0012
UPID
US90-1366285
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
by Request
Blend (final)
Blend
$9.30M
Owner & transaction history
Renton Building Properties LLC · 7 yrs held
Renton Building Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
IM · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$118 / 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
$129,440
Tax year 2022
Assessed value
$12,165,100
Assessed 2022
Previous assessed
$12,165,100
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$2,627,400
Assessed improvement
$9,537,700
Land market value
$2,627,400
Improvement market value
$9,537,700
Total market value
$12,165,100
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
78,860 SF
Lot
2.84 ac (123,645 SF)
Zoning code
IM
APN
214610-0012
UPID
US90-1366285
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IM · Renton, WA
Zoning IM · permitted uses
IM · 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.
Building & site characteristics
From public records
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
2.84 ac
Current owner
From public records · entity-resolved
Renton Building Properties LLC
Entity
Mailing address
900 POWELL AVE SW, RENTON, WA 98057-2907
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2018
$10,020,000
Renton Building Properties LLC
Orca Bay Seafoods INC
Warranty Deed
$8,016,000 · Banner Bank
May 12, 2017
—
Orca Bay Seafoods INC
—
Deed
related
$8,362,500 · Us Bk
Nov 13, 2006
—
Orca Bay Seafoods INC
Fbspe LLC
Quit Claim Deed
related
—
Dec 1, 2005
—
Fbspe LLC
Tokusui Corp Of America INC
Quit Claim Deed
related
$5,000,000 · Us Bank NA
Nov 23, 1999
$3,650,000
Tokushi Corporation Of America
Perry,philip L
Grant Deed
—
Feb 27, 1992
—
Brothers Perry
Perry,john Hazar
Quit Claim Deed
related
—
—
—
Orca Bay Seafoods INC
—
Loan Modification
related
$3,882,440 · Us Bk
—
—
Orca Bay Seafoods INC
—
Loan Modification
related
$8,362,500 · Us Bk
—
—
Tokusui Corp
—
Deed Of Trust
related
$3,200,000 · Us Bank NA
—
—
Fbspe LLC
—
Deed Of Trust
related
$1,000,000 · Tokusui America 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?”
You own 900 Powell SW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
