271 Rainier Ave N, Renton, WA 98057
Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 43% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
- Usable building area
- 11,442 SF, King County Assessor
- Lot size
- 20,700 SF, King County Assessor
- Year built
- 1990, King County Assessor
- Stories
- 2, King County Assessor
- Predominant use
- Service Building, King County Assessor
- Assessed value
- $2,322,100, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $202.95/SF, derived from assessor records
- Usable area / lot
- 0.55, derived from assessor records
- Vintage
- 1990s 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.
- 365 Rainier Ave N, Renton · 0.1 mi · 9,600 SF · built 1988 · assessed $200/SF
- 109 S Tillicum St, Renton · 0.2 mi · 10,000 SF · built 1977 · assessed $240.47/SF
- 221 Airport Way, Renton · 0.2 mi · 3,200 SF · built 1986 · assessed $231.56/SF
- 206 S Tobin St, Renton · 0.2 mi · 7,664 SF · built 2005 · assessed $180.25/SF
- 453 Rainier Ave N, Renton · 0.2 mi · 11,540 SF · built 1965 · assessed $259.52/SF
- 102 Lake Ave S, Renton · 0.3 mi · 8,100 SF · built 1982 · assessed $175.70/SF
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Sale history and market context
MakeMe Estimate: $3.24M (estimated market value), with a likely range of $2.35M to $4.02M (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 2.6 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 354 Union Ave NE, Renton: $5,938,605 (2025-12), 13,306 SF, $446.31/SF, built 1988, 2.6 mi away
- 1703 NE 43rd St, Renton: $2,500,000 (2024-08), 16,139 SF, $154.90/SF, built 1960, 3.2 mi away
- 1414 S Concord St, Seattle: $1,230,000 (2024-06), 3,328 SF, $369.59/SF, built 2016, 5.2 mi away (different city)
- 735 S Monroe St, Seattle: $1,700,000 (2025-01), 4,803 SF, $353.95/SF, built 1977, 5.8 mi away (different city)
- 8740 S 228th St, Kent: $3,850,000 (2024-10), 22,226 SF, $173.22/SF, built 1978, 6.1 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.
- 2021-12-04: $33,561 from Kranz Rainier Avenue Properties LLC to City of Renton (part of a 2-parcel sale; price is the whole deal), rec. 20211207001416
- 2021-12-04: $1,876 from Kranz Rainier Avenue Properties LLC to City of Renton, rec. 20211207001417
- 2021-12-04: $1,463 from Kranz Rainier Avenue Properties LLC to City of Renton, rec. 20211207001418
- 4 administrative transfers (no consideration), 1990 to 2020
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 $1,227,600 (2011) to $2,322,100 (2026), up 89% over 15 years, per county tax rolls. The 2026 roll splits $2,322,100 into $507,100 land and $1,815,000 improvements.
- Zoning: CA (per King County)
- Lot: 20,700 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 6,220 SF; Storage Warehouse 2,000 SF; Retail Store 2,000 SF; Warehouse Office 1,222 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)