Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    901 SW 39Th St Renton, WA 98057
    Back to Search
    Property profile & analytics

    901 SW 39Th St Renton, WA 98057

    View on Map
    • Manufacturing properties
    • 50,390 SF
    • 3.11 lot acres
    For Lease
    $5,850,000
    View Listing →
    Kent Valley Freestanding Facility For Lease
    $5,850,000
    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 Listing
    Property ID
    US90-1162591
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 901 SW 39Th St

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.11 lot acres
    Property size
    50,390 SF
    Zone code
    IL
    Property type
    Manufacturing properties
    APN
    125381-0060
    APU
    1253810060

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,600,000
      6.5%
      $7,015,000
      7%
      $6,515,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.231
    Latitude
    47.4453
    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
    $86,141
    $1,961,800
    $6,238,500
    $8,200,300
    -
    $1,961,800
    $6,238,500
    $8,200,300

    Comparable in this City

    • Value Estimation
      $895,000
      6,720 SF

      1150 Raymond SW Ave

      MANUFACTURING (LIGHT) • 6,720 SF
      1150 Raymond SW Ave, Renton, WA 98057-3125
      View Details
    • Value Estimation
      $6,955,000
      62,010 SF

      701 34th St

      MANUFACTURING (LIGHT) • 62,010 SF
      701 34th St, Renton, WA 98057-4814
      View Details
    • Value Estimation by Request
      132,000 SF

      801 16Th St

      Life science properties • 132,000 SF
      801 16Th St, Renton, WA 98057
      View Details
    • Value Estimation
      $38,005,000
      845,481 SF

      737 Logan N Ave

      MANUFACTURING (LIGHT) • 845,481 SF
      737 Logan N Ave, Renton, WA 98057-5535
      View Details
    • Value Estimation
      $5,070,000
      41,756 SF

      1001 34th St

      MANUFACTURING (LIGHT) • 41,756 SF
      1001 34th St, Renton, WA 98057-4813
      View Details
    • Value Estimation by Request
      136,800 SF

      940 Thomas Ave

      Distribution properties • 136,800 SF
      940 Thomas Ave, Renton, WA 98057
      View Details

    Similar Nearby for Sale

    • $7,425,000
      32,788 SF

      Renton Retail, Showroom, Warehouse Space

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

      Climate Controlled Industrial Space

      29,628 SF thermoregulated warehouse in Kent business park.
      720 SW 34Th St, Renton, WA 98057
      View Details
    • Contact for pricing
      30,576 SF

      Multi-Tenant Building Near SR 167

      Multi-tenant building with lease income and owner-user potential.
      2500 E Valley Rd, Renton, WA 98057
      View Details
    • $1,300,000
      1,755 SF

      Renton Flex Space with Secured Yard

      Flex space with secured yard, convenient access to major highways.
      1500 Raymond Ave SW, Renton, WA 98057
      View Details
    • $2,700,000

      Versatile Mixed-Use Building For Sale

      12,520 SF building with warehouse and office space.
      235 Airport Way S, Renton, WA 98057
      View Details
    • Contact for pricing

      Standalone Industrial Facility For Sale

      23,400 SF industrial building with secured yard in Renton.
      838 Seneca Ave SW, Renton, WA 98057
      View Details

    Similar Nearby for Lease

    • $40,662
      25,100 SF

      Manufacturing Building with Fenced Yard

      Freestanding manufacturing building featuring a crane and fenced yard.
      3051 Valley Rd, Renton, WA 98057
      View Details
    • Contact for pricing
      25,100 SF

      Manufacturing Building with Fenced Yard

      Manufacturing building with crane, heavy power, and fenced yard.
      3051 E Valley Rd, Renton, WA 98057
      View Details
    • $226,608
      9,442 SF

      Renton Flex Space Available

      Flex space with offices, break room, and open area.
      401 41St St, 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
    • Contact for pricing

      Kent Valley Freestanding Facility

      Cross-loaded facility in northern Kent Valley, available January 2026.
      901 SW 39Th St, Renton, WA 98057
      View Details
    • $363,168
      15,132 SF

      Renton Office and Warehouse Space

      Office with warehouse space available for lease in Renton.
      425 41St St, Renton, WA 98057
      View Details
    View Listing
    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.
    901 SW 39Th St
    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

    Thank You for Inquiry
    901 SW 39Th St, Renton, WA, 98057
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!