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Investment Highlights

  • 6 contiguous tax parcels
  • Situated on a quiet low-traffic street
  • Suitable for 24 total units
  • 48,925 total square feet
  • Build 4 SRF per tax parcel
  • Close to Rainier Beach light rail station

Executive Summary

Paragon Real Estate Advisors is pleased to present the exclusive sale of a six-parcel development assemblage at 4755 S Bond St in the Rainier Beach neighborhood of South Seattle. Under Seattle's Neighborhood Residential (NR2) zone, a developer can build four standalone dwelling units on each of the six tax parcels — a total of 24 detached residences on ±1.12 acres. This is one of the few large contiguous development sites left in the City of Seattle, situated on a quiet low-traffic street adjacent to the Chief Sealth Trail and Lakeridge Park, with close proximity to the Rainier Beach Link Light Rail Station, Lake Washington, shops, and grocery stores.
This summary presents the applicable zoning envelope and a 24-unit, 100% detached product build-out plan (buyer to verify).

Property Facts

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Residence
Total Lot Size 1.12 AC
Zoning NR2

1 Lot Available

Lot

Price $1,200,000
Price Per AC $1,068,433.14
Lot Size 1.12 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 103500-0152
  • 414430-0080
  • 103500-0153
  • 103500-0154
  • 103500-0150
  • 103500-0151
Land Assessment
$1,213,000
Improvements Assessment
$0
Total Assessment
$1,213,000
  • Listing ID: 40419332

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 4755 S Bond St, Seattle, WA 98118

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