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5435 Delridge Way SW - Land / Multifamily Lot • Terrain commercial • 0,11 Acres • 1 309 081 $ CAD • Seattle, WA 98106
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Faits saillants de l'investissement
- 4-5 story mixed-use building (~14,880 sq. ft. max).
- Proximity to Delridge Way (major arterial), transit, and amenities.
- Ground-floor retail + apartments above (likely 15-25 units, depending on unit sizes).
Résumé de l'annonce
Prime Mixed-Use Development Opportunity – NC2P-55 (M) Zoning
Located in the rapidly evolving Delridge neighborhood of West Seattle, this 4,960 sq. ft. (approx. 0.11 acres) parcel offers a compelling opportunity for developers and investors seeking density near urban amenities. Zoned NC2P-55 (M) (Neighborhood Commercial with Mandatory Housing Affordability), the site supports mixed-use development up to 55 feet (approximately 4–5 stories)
.
Development Highlights:
Maximum Buildable Area: Approx. 14,880 sq. ft. (based on estimated 3.0 FAR)
Potential Use: Ground-floor retail with residential above (15–25 units possible depending on unit mix)
MHA Requirement: Flexible compliance via 5–11% affordable housing or fee in-lieu (~$20–30/sq. ft. in this zone)
Location Advantages:
Frontage along Delridge Way SW – a major arterial with high visibility and transit access
Part of Seattle’s MHA program area, encouraging density near Urban Villages
Strong rental demand and rising land values driven by ongoing development in West Seattle
Located in the rapidly evolving Delridge neighborhood of West Seattle, this 4,960 sq. ft. (approx. 0.11 acres) parcel offers a compelling opportunity for developers and investors seeking density near urban amenities. Zoned NC2P-55 (M) (Neighborhood Commercial with Mandatory Housing Affordability), the site supports mixed-use development up to 55 feet (approximately 4–5 stories)
.
Development Highlights:
Maximum Buildable Area: Approx. 14,880 sq. ft. (based on estimated 3.0 FAR)
Potential Use: Ground-floor retail with residential above (15–25 units possible depending on unit mix)
MHA Requirement: Flexible compliance via 5–11% affordable housing or fee in-lieu (~$20–30/sq. ft. in this zone)
Location Advantages:
Frontage along Delridge Way SW – a major arterial with high visibility and transit access
Part of Seattle’s MHA program area, encouraging density near Urban Villages
Strong rental demand and rising land values driven by ongoing development in West Seattle
Faits sur la propriété
| Prix | 1 309 081 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,11 AC |
| Type de propriété | Terrain | Nombre d’étages | 1 |
| Zonage | NC2P-55(M) - NC2P-55 (M) allows mixed-use (retail/residential) up to 55 ft (~5 stories). Highest & Best Use: Multi-family dwelling (likely 4-5 stories, mixed-use | ||
| Prix | 1 309 081 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,11 AC |
| Nombre d’étages | 1 |
| Zonage | NC2P-55(M) - NC2P-55 (M) allows mixed-use (retail/residential) up to 55 ft (~5 stories). Highest & Best Use: Multi-family dwelling (likely 4-5 stories, mixed-use |
1 Lot disponible
Lot 1
| Prix | 1 309 081 $ CAD | Taille du lot | 0,11 AC |
| Prix par AC | 11 900 736,31 $ CAD |
| Prix | 1 309 081 $ CAD |
| Prix par AC | 11 900 736,31 $ CAD |
| Taille du lot | 0,11 AC |
This 4,960 sq. ft. West Seattle parcel offers a prime mixed-use development opportunity. Zoned NC2P-55 (M), it allows up to 55 ft. height, supporting approximately 4–5 stories of residential and/or commercial development.
1 1
Assez practicable à pied
50/100
Exceptionnellement facile d'accès en voiture
100/100
Transports en commun relativement accessibles
50/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 177310-1405 | Évaluation des bâtiments | 1 370 $ CAD |
| Évaluation du terrain | 702 677 $ CAD | Évaluation totale | 704 046 $ CAD |
Impôts fonciers
Numéro de lot
177310-1405
Évaluation du terrain
702 677 $ CAD
Évaluation des bâtiments
1 370 $ CAD
Évaluation totale
704 046 $ CAD
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5435 Delridge Way SW - Land / Multifamily
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