1300 Bronson WayRenton, WA 98057

  • Retail properties
  • 0.20 AC
For Sale
$7,425,000 View listing

Property Details for 1300 Bronson Way

Lot size
0.20 AC
Zone code
CA
Property type
Retail properties
Property subtype
Parking lots & garages
APN
135230-0071
APU
1352300071

Description

This exceptional Renton, WA industrial property presents a compelling value-add investment and redevelopment opportunity. The Bryant Motors Building, located at 1300 Bronson Way N, boasts 32,788 square feet of net rentable space across two units within a single, one-story building. The property sits on a substantial 64,861 square foot lot (approximately 1.48 acres), zoned CA & R-10, offering significant potential. Features include five dock-high doors and ceiling heights ranging from 15 to 16 feet. The property's strategic location off I-405, across from Liberty Park, provides excellent visibility and accessibility, with approximately 230 lineal feet of frontage on Bronson Way N (experiencing over 16,800 vehicles daily). The asking price is $7,425,000, translating to $226.45 per square foot and $3,712,500 per unit. Significant recent investment exceeding $2.3 million has been dedicated to permits and repairs (a detailed summary is available). Further potential exists

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,499,292
    6.5%
    $2,307,039
    7%
    $2,142,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,562,192
    Geo Method
    $4,202,226
  • Alternative Use

    Use
    Valuation
    Residential
    $1,946,074
    Hospitality
    $1,782,593
    Educational
    $1,483,096
    Medical
    $1,534,102
    Retail
    $2,307,039
1300 Bronson Way, Renton, Washington

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4842
Longitude
-122.2
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
$2,169
$233,700
-
$233,700
-
$233,700
-
$233,700

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