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4755 S Bond St - 24 Dwelling Unit Dev Site 1.12 Acres of Residential Land Offered at $1,200,000 in Seattle, WA 98118



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).
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 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 1.12 AC |
| Property Type | Land | ||
| Zoning | NR2 | ||
| 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 | Lot Size | 1.12 AC |
| Price Per AC | $1,068,433.14 |
| Price | $1,200,000 |
| Price Per AC | $1,068,433.14 |
| Lot Size | 1.12 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,213,000 | Total Assessment | $1,213,000 |
Property Taxes
Parcel Numbers
Land Assessment
$1,213,000
Improvements Assessment
$0
Total Assessment
$1,213,000
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