601 S 3rd St, Renton, WA 98057

Retail · Renton · Seattle-Bellevue metro, WA

One of 339 reachable retail buildings in Renton. Larger than 41% of retail buildings in Renton (median 5,668 SF), derived from assessor records.

Usable building area
4,640 SF, King County Assessor
Lot size
10,560 SF, King County Assessor
Year built
1962, King County Assessor
Stories
1, King County Assessor
Predominant use
Retail/Office, King County Assessor
Assessed value
$991,800, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$213.75/SF, derived from assessor records
Usable area / lot
0.44, derived from assessor records
Vintage
1960s vintage
Zoning
CD, King County
County use code
Retail Store

Nearby comparable buildings

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

Want to talk to the owner? makeme1031 delivers a private letter directly to the owner of record. We never publish the owner's identity or address.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Received a letter about this building? It came from a real buyer through makeme1031; claiming is how you reply privately, on your terms.

Claimed owners also get Portfolio Pulse: a monthly email tracking this building's value.

Claim or manage this building

Sale history and market context

MakeMe Estimate range: $957K to $1.48M (estimated market value range). This building's own 2026 recorded sale at $2.66M sits 116% above this estimate's midpoint, so we lead with the range rather than a single number. 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 2.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $2,660,000 in 2026; the estimate is about 54% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 37% below the $420.32/SF median of the shown comparable sales.

Comparable sales used as evidence

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: Retail in Renton

median verified sale $434.13/SF over the trailing 24 months; 8 sales in the last 12 months and 13 in 24 (newest verified sale 2026-04); the middle 80% of recent sales traded at 0.61x to 2.11x their county assessed value, median 1.27x (13 sales with usable county values).

  • 2022: $382.71/SF median (5 sales)
  • 2024: $230.77/SF median (7 sales)
  • 2025: $269.30/SF median (5 sales)

This estimate sits at 1.24x county assessed value, the 46th percentile of those recent sale premiums.

Computed from 292 verified arm's-length sales in King County public records (13 in the trailing 24 months). Free public records. Not an appraisal.

Last sold: 2026-04-29 for $2,660,000 (recorded arm's-length sale).

Current ownership dates to 2026 per recorded transfers.

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

Value over time

$0$1M$2M$3M201120142017202020232026Last sold $2.66M · 2026$1.23M$992KCounty assessed valueMakeMe Estimate rangeRecorded sale

Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $970,900 (2011) to $991,800 (2026), up 2% over 15 years, per county tax rolls. The 2026 roll splits $991,800 into $448,800 land and $543,000 improvements.

Taxes

Permit history

Source: King County permit records (newest first).