2960 Valley RdRenton, WA 98057

  • Land
  • 3,200 SF
For Sale

Property Details for 2960 Valley Rd

Year built
1972
Construction
STEEL FRAME
Lot size
2.04 AC
Property size (Sq ft)
3,200 SF
Zone code
CA
Property type
Land
Property subtype
Commercial land
APN
302305-9098
APU
3023059098

Description

This exceptional 4.2-acre property in Renton, Washington, presents a rare development opportunity. Located at 2960-2990 East Valley Road, this site boasts significant highway frontage along Highway 167, offering unparalleled visibility and accessibility. Currently zoned CA - Commercial Arterial by the City of Renton, the property allows for a maximum 65% site coverage (75% with integrated parking). Maximum building height is 50 feet for single-use developments and 70 feet for mixed-use projects. A portion of the land is occupied by Compton Lumber and Hardware, while the remaining acreage is ready for redevelopment. A pre-existing building pad is in place, supporting approximately 40,000 square feet of construction. Detailed site plans and permit drawings are available to expedite the development process. This may be one of the last opportunities to acquire a property of this size and potential in King County. The property's proximity to Highway 167 on/off ramps further enhances its strategic value. This is an ideal location for owner-users or investors seeking a high-impact commercial or industrial development project. The property's address is 2960 E Valley Rd, Renton, WA 98057.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $719,186
    Hospitality
    $658,771
    Educational
    $548,090
    Medical
    $566,939
    Retail
    $852,584
2960 Valley Rd, Renton, Washington

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4547
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
$18,333
$1,980,400
-
$1,980,400
-
$1,980,400
-
$1,980,400

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