Entity Owned Property summary
Located at 134 & 140 Rainier Avenue South in Renton, Washington, the property is a 1.44-acre (62,662 SF) assemblage situated at a signalized intersection with frontage on Rainier Avenue South. It includes two single-story commercial buildings totaling approximately 14,529 SF, configured into eight suites designed for office, retail, and service uses. The site provides 83 surface parking stalls (approximately 5.7 stalls per 1,000 SF). The property is zoned CA—Commercial Arterial and is suitable for mixed-use or urban infill redevelopment, including residential-over-commercial or higher-density concepts. It is positioned near Downtown Renton, The Landing, and I-405, offering roadway visibility and regional connectivity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
iii. In the CA Zone where abutting a City of Renton residential zone if at least one (1) vertically mixed-use building is constructed along the street frontage(s) with a minimum of two (2) residential stories above comme…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CA · Renton, WAiii. In the CA Zone where abutting a City of Renton residential zone if at least one (1) vertically mixed-use building is constructed along the street frontage(s) with a minimum of two (2) residential stories above comme…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
iii. In the CA Zone where abutting a City of Renton residential zone if at least one (1) vertically mixed-use building is constructed along the street frontage(s) with a minimum of two (2) residential stories above comme…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CA in Renton, WA.
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