1701 East Valley Rd, Renton, WA 98057

Commercial · Renton · Seattle-Bellevue metro, WA

Imagery suggests: low-rise apartments, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 166 reachable commercial buildings in Renton. Larger than 82% of commercial buildings in Renton (median 14,811 SF), derived from assessor records.

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Building size: 78,157 SF, King County Assessor
Lot size: 118,008 SF, King County Assessor
Year built: 1998, King County Assessor
Stories: 4, King County Assessor
Predominant use: Larkspur Landing, King County Assessor
Assessed value: $18,182,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $232.64/SF, derived from assessor records
Lot coverage: 66%, derived from assessor records
Vintage: 1990s vintage
Zoning: CO, King County
County use code: Hotel/Motel
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1801 East Valley Rd, Renton · 0.1 mi · 74,751 SF · built 1998 · assessed $278.37/SF
300 SW 19th St, Renton · 0.1 mi · 75,328 SF · built 2000 · assessed $221.27/SF
200 SW 19th St, Renton · 0.1 mi · 61,931 SF · built 2000 · assessed $267.60/SF
1900 Lind Ave SW, Renton · 0.2 mi · 13,659 SF · built 1996
1 S Grady Way, Renton · 0.4 mi · 119,906 SF · built 1965
2300 Talbot Rd S, Renton · 0.6 mi · 88,379 SF · built 1970

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Sale history and market context

MakeMe Estimate: $17,971,195 (estimated market value), with a likely range of $15,228,753 to $21,743,434 (half of recent verified sales in this segment landed inside that range). Based on 34 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2007-07-11 for $14,708,998 (recorded arm's-length sale).

Current ownership dates to 2007 (about 19 years) per recorded transfers.

2007-07-11: $14,708,998 from Renton Landing Hotel Company LLC to Private party, rec. 20070711001265

2 administrative transfers (no consideration), 1999 to 1999

1997-07-03: $519,222 from Austin Company the to Renton Studio Hotel Company (part of a 2-parcel sale; price is the whole deal), rec. 000000000000

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $11,628,000 (2011) to $18,182,600 (2026), up 56% over 15 years, per county tax rolls. The 2026 roll splits $18,182,600 into $3,186,200 land and $14,996,400 improvements.

Zoning: CO (per King County)

Lot: 118,008 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Hotel, Limited Service Upscale 78,157 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2024-10-23: Electrical, declared value $18,000 (Complete), permit E24005383

2023-08-30: Electrical, declared value $2,700 (Complete), permit E23004514

2019-05-20: Plumbing, declared value $1,000 (Complete), permit P19002640

2018-11-30: Plumbing, declared value $50,000 (Complete), permit P18006561

2018-09-27: Remodel, declared value $50,000 (Complete), permit B17004531

2016-08-18: Electrical, declared value $725 (Complete), permit E16004649

1998-04-01: Building, New, declared value $5,295,918 (Complete), permit B970540

Source: King County permit records (newest first).