Share This Listing

Message

909 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 5-parcel NC2P55 (M) assemblage with nearly 24,000 SF of development land
  • Prime Delridge corridor location near RapidRide H Line and future light rail
  • 15 existing apartment units for income and flexibility during permitting

Executive Summary

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

Data Room Click Here to Access

Property Facts

Price $4,848,340 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.55 AC
Zoning NC2P-55

1 Lot Available

Lot

Price $4,848,340 CAD
Price Per AC $8,888,615.66 CAD
Lot Size 0.55 AC

Rare 5-parcel NC2P-55(M) assemblage in West Seattle’s Delridge corridor. Approx. 23,760 SF with 15 existing apartments for income and flexibility. Ideal mid-rise mixed-use or multifamily redevelopment near transit and future light rail.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 177310-1180
  • 177310-1195
  • 177310-1200
  • 177310-1190
  • 177310-1185
Land Assessment
$3,291,330 CAD
Improvements Assessment
$944,734 CAD
Total Assessment
$4,236,064 CAD
  • Listing ID: 39915324

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 5222-5236 Delridge Way SW, Seattle, WA 98106

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}