400 Olympia Ave NE, Renton, WA 98056
Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 38% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
- Usable building area
- 8,971 SF, King County Assessor
- Lot size
- 18,600 SF, King County Assessor
- Year built
- 1966, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 2, King County Assessor
- Predominant use
- Industrial(gen Purpose), King County Assessor
- Assessed value
- $1,631,500, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $181.86/SF, derived from assessor records
- Usable area / lot
- 0.48, derived from assessor records
- Vintage
- 1960s vintage
- Zoning
- CA, King County
- County use code
- Industrial(Gen Purpose)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 3560 NE 4th St, Renton · 0 mi · 6,300 SF · built 1979 · assessed $300.79/SF
- 450 Olympia Ave NE, Renton · 0.1 mi · 2,400 SF · built 1969 · assessed $171.29/SF
- 460 Olympia Ave NE, Renton · 0.1 mi · 2,800 SF · built 1953 · assessed $171/SF
- 3709 NE 4th St, Renton · 0.1 mi · 4,000 SF · built 1983 · assessed $415.55/SF
- 3801 NE 4th St, Renton · 0.2 mi · 3,800 SF · built 1981 · assessed $288.26/SF
- 3205 NE 4th St, Renton · 0.2 mi · 11,381 SF · built 1977 · assessed $276.18/SF
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Sale history and market context
MakeMe Estimate: $1.9M (estimated market value), with a likely range of $1.38M to $2.36M (half of recent verified sales in this segment landed inside that range). Based on 6 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 0.4 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 40% below the $353.95/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, 0.4 mi away
- 1703 NE 43rd St, Renton: $2,500,000 (2024-08), 16,139 SF, $154.90/SF, built 1960, 3 mi away
- 8740 S 228th St, Kent: $3,850,000 (2024-10), 22,226 SF, $173.22/SF, built 1978, 6.7 mi away (different city)
- 1414 S Concord St, Seattle: $1,230,000 (2024-06), 3,328 SF, $369.59/SF, built 2016, 7.1 mi away (different city)
- 735 S Monroe St, Seattle: $1,700,000 (2025-01), 4,803 SF, $353.95/SF, built 1977, 7.7 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.
- 2018-01-24: $1,270,000 from Private party to Am Olympia LLC (non-market transfer), rec. 20180130001470
- 2009-03-09: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20090311000275
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 $785,100 (2011) to $1,631,500 (2026), up 108% over 15 years, per county tax rolls. The 2026 roll splits $1,631,500 into $651,000 land and $980,500 improvements.
- Zoning: CA (per King County)
- Lot: 18,600 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Industrial Light Manufacturing 6,651 SF; Apartment 1,360 SF; Warehouse Office 960 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)