17722 Talbot RdRenton, WA 98055
- Healthcare properties
- 6,701 SF
Property Details for 17722 Talbot Rd
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 6,701 SF
- Zone code
- CO
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 761680-0050
- APU
- 7616800050
Description
This exceptional single-tenant medical office building, located at 17722 Talbot Rd S in Renton, WA 98055, presents a unique investment opportunity. The property boasts a total of 6,901 square feet of well-maintained office space, ideally suited for a variety of medical practices. Situated on a 0.52-acre lot, the building offers ample parking with 34 spaces available for patients and staff. The property's zoning is designated as OC, reflecting its suitability for medical uses. The building's single-tenant occupancy provides stability and predictable income streams. Its convenient location in Renton, Washington, offers easy access to major transportation routes and a thriving community. The area is served by Valley Medical Center, a large nonprofit healthcare provider, enhancing the property's appeal to medical professionals and businesses. This presents a rare chance to acquire a well-established medical office building in a high-demand location with strong potential for long-term growth and return on investment. The property's size, parking, and zoning make it an attractive option for a variety of medical practices seeking a well-established presence in the Renton area. The building is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,315,745
- 6.5%
- $1,214,534
- 7%
- $1,127,781
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,708,116
- Geo Method
- $1,290,479
-
Alternative Use
- Use
- Valuation
- Residential
- $1,506,022
- Hospitality
- $1,379,508
- Educational
- $1,147,734
- Medical
- $1,187,206
- Retail
- $1,785,364
Location Insight
- City
- Renton
- County
- King
- State
- Washington
- Latitude
- 47.4432
- Longitude
- -122.211
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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