440 Rainier Ave S, Renton, WA 98057

NNN Retail · Renton · Seattle-Bellevue metro, WA

Imagery suggests: big-box retail. 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 AI estimate from public imagery; may be outdated.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 324 reachable nnn retail buildings in Renton. Larger than 96% of nnn retail buildings in Renton (median 5,840 SF), derived from assessor records.

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Building size: 117,830 SF, King County Assessor
Lot size: 408,349 SF, King County Assessor
Year built: 1972, King County Assessor
Stories: 1, King County Assessor
Predominant use: Hardware Store, King County Assessor
Assessed value: $17,333,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $147.11/SF, derived from assessor records
Lot coverage: 29%, derived from assessor records
Vintage: 1970s vintage
Zoning: CA, King County
County use code: Retail(Big Box)
Construction (observed): metal, AI estimate from public imagery
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.

138 S 3rd Pl, Renton · 0.1 mi · 5,750 SF · built 1948 · assessed $267.01/SF
439 Rainier Ave S, Renton · 0.1 mi · 5,000 SF · built 1956 · assessed $360.78/SF
203 S 4th Pl, Renton · 0.1 mi · 14,732 SF · built 1962 · assessed $159.67/SF
479 Rainier Ave S, Renton · 0.1 mi · 2,736 SF · built 1970 · assessed $420.83/SF
330 Rainier Ave S, Renton · 0.1 mi · 2,355 SF · built 2014 · assessed $322.38/SF
485 Rainier Ave S, Renton · 0.1 mi · 3,960 SF · built 1960 · assessed $363.38/SF

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Sale history and market context

MakeMe Estimate: $18,417,133 (estimated market value), with a likely range of $13,497,783 to $21,539,180 (half of recent verified sales in this segment landed inside that range). Based on 28 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2019-12-19 for $18,380,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

2019-12-19: $18,380,000 from CNR Renton Wa Landlord LLC to CHWV Renton LLC, rec. 20191223001440

2017-06-30: $15,049,407 from Tennessee Group LLC to CNR Renton Wa Landlord LLC, rec. 20170705001777

2017-06-28: transfer from Old Mac INC to Tennessee Group LLC (non-market transfer), rec. 20170705001776

2017-03-31: $116,000 from Mclendon Hardware INC to Central Network Retail Group LLC (non-market transfer), rec. 20170428000127

8 administrative transfers (no consideration), 2002 to 2011

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 $9,484,600 (2011) to $17,333,800 (2026), up 83% over 15 years, per county tax rolls. The 2026 roll splits $17,333,800 into $15,313,000 land and $2,020,800 improvements.

Zoning: CA (per King County)

Lot: 408,349 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Warehouse Discount Store 105,800 SF (county building sections)

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

Permit history

2016-06-03: Remodel, declared value $236,615 (Complete), permit B16003016

2016-05-11: Electrical, declared value $48,000 (Complete), permit E16002510

2016-04-18: Electrical, declared value $66,235 (Complete), permit E16002004

2011-01-06: Remodel, declared value $800,000 (Complete), permit B100483

2010-07-02: Remodel, declared value $560,000 (Complete), permit B100254

2005-08-16: Building, New, declared value $22,308 (Complete), permit B050410

2004-08-03: Remodel, declared value $200,000 (Complete), permit B040297

2004-05-24: Remodel, declared value $775,031 (Complete), permit B040103

2004-03-05: Demolition (Complete), permit B040104

Source: King County permit records (newest first).