Listed by WPI Real Estate Services, Inc.
$1,600,000

Estimated payment $10,156/month

Total Views 11,412
0.33 Acre
$4,848,485 Price per Acre
14,375 Sq Ft Lot

About This Lot

Exceptional development parcel in West Seattle’s Alki–Admiral corridor, offering a rare combination of immediate income and long-term development potential. The property’s existing drive-thru coffee tenant provides steady cash flow to offset carrying costs during the entitlement. Zoned C1-55(M), the site allows for a gross buildable area of approximately 32,250 SF, accommodating 46 residential units and 23 parking stalls. Developers and owner-users alike can take advantage of the 55-foot height limit to capture potential panoramic views of Elliott Bay and the Seattle skyline. Minutes from the West Seattle Bridge, Alki Beach, and Downtown, this property offers a prime investment opportunity in a highly desirable location.

Listing Agent

Wesley Lau

WPI Real Estate Services, Inc. License #24002827 Listed on: 10/15/2025

Co-Listing Agent

TC Wu

WPI Real Estate Services, Inc. License #18933

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2445402

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 14,375 Sq Ft Lot
  • 927520-0270

Community Details

  • No Home Owners Association
  • Westbay Professional Building Condos
  • Alki Subdivision

Listing and Financial Details

  • Legal Lot and Block 55 THRU 59 / 71
  • Assessor Parcel Number 9275200270

Property Details

Property Type

Land

Lot Details

0.33 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Westbay Professional Building
  • Structure Type: None
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: See Remarks
  • View: No
  • Waterfront: No
  • RoadInformation: See Remarks

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9275200270
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Additional Parcels Description: 927520-0270
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: See Remarks
  • LotNumber: 55 THRU 59

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,558 $1,582,200 $1,581,200 $1,000
2024 $15,787 $1,522,400 $1,509,300 $13,100
2023 $14,862 $1,598,700 $1,509,300 $89,400
2022 $15,515 $1,616,700 $1,437,500 $179,200
2021 $16,391 $1,571,500 $1,221,800 $349,700
2020 $15,571 $1,596,200 $1,221,800 $374,400
2018 $14,550 $1,457,900 $934,300 $523,600
2017 $12,830 $1,391,900 $718,700 $673,200
2016 $12,108 $1,265,400 $646,800 $618,600
2015 $11,757 $1,168,000 $646,800 $521,200
2014 -- $1,168,000 $575,000 $593,000
2013 -- $576,000 $575,000 $1,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $1,600,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,225,000 First Am
Quit Claim Deed -- Fidelity Natio
Warranty Deed $1,225,000 Fidelity Natio
Warranty Deed $1,100,000 Chicago Title
Warranty Deed $126,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $675,000 Commercial
Previous Owner $1,050,000 Seller Take Back
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2445402

Northwest Multiple Listing Service (NWMLS)

APN: 927520-0270

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