Entitled Multifamily Development
For Sale
Contact for pricing
8854 Delridge Way SW, Seattle, WA 98106
Entitled site for 32 apartment units, 1,148 SF commercial space, and 14 enclosed parking stalls.
Property SizeContact for details
Days on Market134
Property Features for 8854 Delridge Way SW
General Information
Standard status
Active
Total Parking Spaces
14
Property subtype
Land
Additional Details
Multifamily Units
32
Listing Agency:
Coldwell Banker Commercial Danforth
(425) 615-0577
Listed By:
Vladimir Olyanich · License #WA 119115
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Danforth
Investment Insights
Based on property information with market context.
This entitled development site is planned to accommodate 32 apartment units, 1,148 SF of commercial space, and 14 enclosed parking stalls. The offering also includes the cost of shoring materials in the sale.
The plan provides room to consider additional density with the potential to add a fifth floor and 8 additional units, which would need verification by the buyer and are not part of the existing permits.
For investors and developers looking for an entitled path to construction, this property combines residential and commercial components with a defined parking plan already included in the current approvals.
The plan provides room to consider additional density with the potential to add a fifth floor and 8 additional units, which would need verification by the buyer and are not part of the existing permits.
For investors and developers looking for an entitled path to construction, this property combines residential and commercial components with a defined parking plan already included in the current approvals.
Key Highlights
- Entitled development site to build 32 apartment units, 1,148 SF commercial space, and 14 enclosed parking stalls
- Permitted development includes commercial space plus enclosed parking for the residential units
- Potential to add a 5th floor and 8 additional units (to be verified by buyer; not part of existing permits)
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 98106, WA
26,295
Population
12,107
Households
2.2
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,781
Density / Sq Mi
$115,529
Median Household Income
$60,223
Median Earnings
$1,824
Median Rent
$666,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled site for 32 apartment units, 1,148 SF commercial space, and 14 enclosed parking stalls.
Where is this residential land & home lot located?
The property is located at 8854 Delridge Way SW Seattle, WA.
What are key features of this property?
This property features: Entitled development site to build 32 apartment units, 1,148 SF commercial space, and 14 enclosed parking stalls; Permitted development includes commercial space plus enclosed parking for the residential units; Potential to add a 5th floor and 8 additional units (to be verified by buyer; not part of existing permits)
