About this home

Builder / Developer Opportunity in Great Renton Location! Unlock the potential of nearly 2 acres (84,817 SQ FT) of mostly cleared, gently sloping land in a desirable and rapidly growing area of Renton. Zoned R6, this offering consists of two tax parcels with approximately 282 feet of frontage along 116th Ave SE, creating exceptional flexibility for site planning and multiple access points. Utilities are working in your favor with sewer and gas available in the street, helping streamline development timelines and reduce upfront infrastructure costs. The flat-to-gently sloped topography and minimal tree coverage make this an efficient and highly usable site for builders looking to maximize yield. The property includes an existing 1,190 SQ FT home and two very large shop structures, offering immediate rental income potential while plans and permits are underway. Ideally located with quick access to HWY 167 and I-405, and just minutes to neighborhood shopping, dining, and Valley Medical Center, as well as all the Southcenter Mall amenities. This location sits squarely in the path of continued growth and strong buyer demand. Bring your architect and your vision—this is a standout investment with significant upside. Buyer to verify all information to their satisfaction.

Around this home

Sold comparable homes

5 recent nearby sales, priced between $300K and $650K.Sourced from public records — exterior photo via Google Street View.

Property details

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Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Market pulse

Renton is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

• Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

• List to sale price: The average home sells very close to list price.

• Time on market: The average home goes pending in around 24 days.

Market data via RentCast · Updated May 2026

• School #1435166381

  Public · Grades PK-5 · 4.4 mi · State rank 506 of 1,000
  1/10
• School #1243170830

  Public · Grades 6-8 · 8.5 mi · State rank 877 of 1,000
  6/10
• School #251776470

  Public · Grades 9-12 · 7.0 mi
  —

Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.