616 SW 41st St, Renton, WA 98057
Small-Bay Industrial · Renton · Seattle-Bellevue metro, WA
One of 223 reachable small-bay industrial buildings in Renton. Larger than 96% of small-bay industrial buildings in Renton (median 15,525 SF), derived from assessor records.
- Usable building area
- 292,843 SF, King County Assessor
- Lot size
- 620,662 SF, King County Assessor
- Year built
- 1979, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 4, King County Assessor
- Predominant use
- Industrial Park, King County Assessor
- Assessed value
- $58,722,200, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $200.52/SF, derived from assessor records
- Usable area / lot
- 0.47, derived from assessor records
- Vintage
- 1970s vintage
- Zoning
- IM, King County
- County use code
- Industrial Park
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 601 SW 41st St, Renton · 0.1 mi · 399,179 SF · built 2016 · assessed $65.86/SF
- 1001 SW 41st St, Renton · 0.2 mi · 415,893 SF · built 1979 · assessed $195.14/SF
- 4060 Lind Ave SW, Renton · 0.3 mi · 133,922 SF · built 1981 · assessed $211.51/SF
- 851 SW 34th St, Renton · 0.3 mi · 171,710 SF · built 1996 · assessed $215.06/SF
- 3600 Lind Ave SW, Renton · 0.3 mi · 124,816 SF · built 2002 · assessed $145.62/SF
- 4001 Oakesdale Ave SW, Renton · 0.3 mi · 170,500 SF · built 1999 · assessed $238.28/SF
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Sale history and market context
MakeMe Estimate: $65M (estimated market value), with a likely range of $53.3M to $73.4M (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.
moderate confidence: 5 comparable sales within 3 miles; nearest 0.9 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 7901 S 190th St, Kent: $19,550,000 (2026-04), 98,815 SF, $197.84/SF, built 1973, 0.9 mi away (different city)
- 745 Andover Park E, Tukwila: $20,250,000 (2025-01), 108,445 SF, $186.73/SF, built 1974, 1.1 mi away (different city)
- 510 Andover Park W, Tukwila: $27,080,000 (2025-12), 122,762 SF, $220.59/SF, built 1976, 1.3 mi away (different city)
- 6013 S 194th St, Kent: $22,500,000 (2025-10), 130,614 SF, $172.26/SF, built 1987, 1.9 mi away (different city)
- 700 Powell Ave SW, Renton: $19,000,000 (2026-04), 90,944 SF, $208.92/SF, built 1969, 2 mi away
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.
Current ownership dates to 2002 (about 24 years) per recorded transfers.
- 2002-05-24: $40,309,000 from Pacific Northwest Group A to Amb Institutional Alliance Fund II LP (part of a 3-parcel sale; price is the whole deal), rec. 20020604000902
- 1994-11-02: transfer from Private party to City of Renton (non-market transfer), rec. 199411220563
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 $12,516,800 (2011) to $58,722,200 (2026), up 369% over 15 years, per county tax rolls. The 2026 roll splits $58,722,200 into $13,654,500 land and $45,067,700 improvements.
- Zoning: IM (per King County)
- Lot: 620,662 sq ft
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Storage Warehouse 276,115 SF; Warehouse Office 12,600 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)