2940 Valley RdRenton, WA 98057

  • Industrial properties
  • 9,600 SF
For Sale

Property Details for 2940 Valley Rd

Year built
1969
Construction
STEEL FRAME
Lot size
1.60 AC
Property size (Sq ft)
9,600 SF
Zone code
CA
Property type
Industrial properties
Property subtype
Other warehouses
APN
302305-9096
APU
3023059096

Description

This exceptional 11,200-square-foot commercial building, situated on a 1.6-acre fully paved and fenced lot in Renton, Washington, presents a unique investment opportunity. Located at 2940 E Valley Rd, 98057, this property boasts highway frontage on Highway 167, offering unparalleled visibility and convenient access to both Highway 167 and Highway 405, providing easy access to the entire Puget Sound region. The building's versatile clear-span structure is well-suited for a variety of businesses, including but not limited to auto dealerships and service centers, outdoor sales operations, landscaping businesses, heavy equipment storage, building materials sales, and various other service-oriented enterprises. The property is zoned CA - City of Renton, and features 14-foot high doors. The site is fully paved and fenced, providing ample space for operations and storage. The property can be delivered vacant at closing, or a short-term seller leaseback may be available. This adaptable space, combined with its prime location and excellent highway visibility, makes it an ideal investment for a wide range of commercial uses. The Assessor's Parcel Number (APN) is 3023059096. This is a single-tenancy property.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,157,560
    Hospitality
    $1,976,313
    Educational
    $1,644,269
    Medical
    $1,700,818
    Retail
    $2,557,752
2940 Valley Rd, Renton, Washington

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4553
Longitude
-122.217
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
$17,704
$1,550,700
$110,700
$1,661,400
-
$1,550,700
$110,700
$1,661,400

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