124 Rainier Ave S, Renton, WA 98057
Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 22% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
- Usable building area
- 3,816 SF, King County Assessor
- Lot size
- 12,406 SF, King County Assessor
- Year built
- 1957, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 2, King County Assessor
- Predominant use
- Auto Shop, King County Assessor
- Assessed value
- $897,200, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $235.12/SF, derived from assessor records
- Usable area / lot
- 0.31, derived from assessor records
- Vintage
- 1950s vintage
- Zoning
- CA, King County
- County use code
- Service Building
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 205 Rainier Ave S, Renton · 0.1 mi · 7,030 SF · built 1955 · assessed $245.82/SF
- 225 Rainier Ave S, Renton · 0.1 mi · 8,240 SF · built 1958 · assessed $226.30/SF
- 102 Lake Ave S, Renton · 0.1 mi · 8,100 SF · built 1982 · assessed $175.70/SF
- 109 S Tillicum St, Renton · 0.2 mi · 10,000 SF · built 1977 · assessed $240.47/SF
- 206 S Tobin St, Renton · 0.2 mi · 7,664 SF · built 2005 · assessed $180.25/SF
- 216 S Tobin St, Renton · 0.2 mi · 3,240 SF · built 1980 · assessed $207.53/SF
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Sale history and market context
MakeMe Estimate: $1.01M (estimated market value), with a likely range of $732K to $1.25M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 32% below the $387.60/SF median of the shown comparable sales.
Comparable sales used as evidence
- 354 Union Ave NE, Renton: $5,938,605 (2025-12), 13,306 SF, $446.31/SF, built 1988, 2.5 mi away
- 12025 Des Moines Memorial Dr S, Burien: $400,000 (2024-11), 1,032 SF, $387.60/SF, built 1960, 4.5 mi away (different city)
- 1414 S Concord St, Seattle: $1,230,000 (2024-06), 3,328 SF, $369.59/SF, built 2016, 5.4 mi away (different city)
- 15855 1st Ave S, Burien: $550,000 (2025-10), 1,127 SF, $488.02/SF, built 1948, 5.7 mi away (different city)
- 735 S Monroe St, Seattle: $1,700,000 (2025-01), 4,803 SF, $353.95/SF, built 1977, 6 mi away (different city)
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Industrial in Renton
median verified sale $215.65/SF over the trailing 24 months; 4 sales in the last 12 months and 5 in 24 (newest verified sale 2026-04).
Computed from 204 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
- 2022-01-27: transfer from Private party to City of Renton (non-market transfer), rec. 20220225000788
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $372,800 (2011) to $897,200 (2026), up 141% over 15 years, per county tax rolls. The 2026 roll splits $897,200 into $558,200 land and $339,000 improvements.
- Zoning: CA (per King County)
- Lot: 12,406 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Garage, Service Repair 3,816 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)