One of 182 reachable commercial buildings in Renton. Larger than 70% of commercial buildings in Renton (median 13,090 SF), derived from assessor records.
Usable building area
48,965 SF, King County Assessor
Lot size
48,800 SF, King County Assessor
Year built
1983, King County Assessor
Stories
3, King County Assessor
Predominant use
Retirement Facility, King County Assessor
Units
80, King County Assessor
Assessed value
$4,493,100, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$91.76/SF, derived from assessor records
Usable area / lot
1, derived from assessor records
Vintage
1980s vintage
Zoning
R-10, King County
County use code
Retirement Facility
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $5.35M (estimated market value), with a likely range of $4.44M to $6.44M (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 2.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $3,000,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 52% below the $226.57/SF median of the shown comparable sales.
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: Commercial in Renton
median verified sale $307.67/SF over the trailing 24 months; 3 sales in the last 12 months and 8 in 24 (newest verified sale 2025-09).
2021: $416.04/SF median (4 sales)
2022: $305.08/SF median (4 sales)
2024: $257.16/SF median (4 sales)
Computed from 109 verified arm's-length sales in King County public records (8 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-05-25 for $3,000,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-05-25: $3,000,000 from Emerichip Renton LLC to Greenlake Renton LLC, rec. 20220602000362
2007-08-15: $11,499,985 from Health Care Property Investors INC to Emerichip Renton LLC, rec. 20070827000386
1995-12-22: $2,865,270 from Emeritus Real Estate II LLC to Health Care Property Invesstor, rec. 199512291965
1995: transferred to Health Care Property Investors INC, no consideration (2 recorded transfers, 1995 to 1995)
1993-08-31: $2,500,200 from Private party to Assisted Living of America INC, rec. 199308312128
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
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 $4,250,000 (2011) to $4,493,100 (2026), up 6% over 15 years, per county tax rolls. The 2026 roll splits $4,493,100 into $878,400 land and $3,614,700 improvements.
Zoning: R-10 (per King County)
Lot: 48,800 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Multiple Residences Assisted Living (Low Rise) 48,965 SF (county building sections)