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3100 E Valley Rd
Renton, WA 98057
Land For Sale
·
4.20 AC
Investment Highlights
- Visible From SR-167 - 113,000 VPD
- Approved Building Occupancy: 1,096 Persons, City of Renton
- Well-Lighted & Air-Conditioning, Sprinklered Throughout
- 363 Parking Stalls On-Site
- Retail / Commercial Use
- Extra Tall Pole Signage Provides Excellent Visibility - Original Cost More Than $250,000
Executive Summary
This unique property offers a prime redevelopment or owner-user opportunity at an attractive land value of $62 per square foot. Included in the price is a 20,000 SF fully air-conditioned building, originally constructed as a bingo hall, later converted into a casino bingo facility, and most recently used as a casino with office and warehouse space.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.20 AC |
| Property Type | Land | ||
| Zoning | CA - Commercial Arterial Zone | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.20 AC |
| Zoning | CA - Commercial Arterial Zone |
1 Lot Available
Lot
| Price | $11,500,000 | Lot Size | 4.20 AC |
| Price Per AC | $2,738,095.24 |
| Price | $11,500,000 |
| Price Per AC | $2,738,095.24 |
| Lot Size | 4.20 AC |
Available For Sale and For Lease. Building Has Plans to Create Opening - Potential for Two (2) 12x14 Rollup Doors.
Description
Key features include: Sprinklered building with a certified occupancy of over 1,000 people Flexible interior suitable for a variety of uses including entertainment, religious assembly, event space, industrial, or office/warehouse New price 11,500,000.00 Proforma Cap rate 5.8 667,000.00 Former Renton Silver Dollar – 3100 East Valley Road, Renton, WA Sale Price: $11,500,000 $62 per SF (Land) lowered 12,500,000 from $69 a foot
Property Taxes
| Parcel Number | 302305-9070 | Improvements Assessment | $1,196,900 |
| Land Assessment | $4,710,000 | Total Assessment | $5,906,900 |
Property Taxes
Parcel Number
302305-9070
Land Assessment
$4,710,000
Improvements Assessment
$1,196,900
Total Assessment
$5,906,900
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