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$ 749,999
Est. payment | /mo
9,178 Sqft Lot
$ 749,999
Est. payment | /mo
9,178 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision West Philadelphia
MLS Listing ID PAPH2424202
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $359
Tax Year 2025
Lot Size 9,178 Sqft
Acres 0.21
Lot Dimensions 98.60 x 82.00
Property Sub-Type Land
Property Description
Hero House: 24-unit multifamily development opportunity in West Philadelphia. This proposed development is "by right" with RM1 zoning. This ±9100 SF prominent assemblage of corner properties is located right off the bustling Lancaster Ave corridor and has been combined by current ownership to maximize density in the Qualified Opportunity Zone (QOZ). Investors and Developers can defer capital gains via the Qualified Opportunity Fund vehicle and invest in a Top-10 USA MSA today with this land purchase — surrounded by progressive development in every direction. Schuylkill Yards, Science Center, CHOP, HUP, Penn, Drexel, St. Joes's are all nearby — this is the heart of Philly's "Eds & Meds" powerhouse economic district with above-average rent growth and appreciation projected for years to come. Big box retail center across street provides access to amenities (Lowe's, Planet Fitness, ShopRite, Verizon, Dunkin, and more) while Shofusu Japanese Cultural Center (gardens), the TD Bank Pavillion @ The Mann Center (destination concert venue), Fairmount Park Horticultural Center, Please Touch Museum (Children's Museum) and more outdoor urban amenities are also sited just across the way in Fairmount Park — America's largest urban park. Enquire within for proposed plans. Base rendering for illustrative purposes only.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Exterior
Water Access N
View City
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 442182000
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Ryan J McManus • Keller Williams Liberty Place
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "