Development opportunity in West Philadelphia’s Cedar Park neighborhood. RM-1 zoned vacant lot suitable for multifamily or single-family construction. Previously approved (zoning now expired) for a 3-story, 3-unit building. Architectural plans and engineering drawings available for reference. An existing easement accommodates a neighboring structure; documentation available. Pricing reflects this condition, presenting an opportunity for experienced developers to capitalize on a well-located infill site. Also available as part of a package with nearby corner parcel at 722 S 49th St (MLS# PAPH2536772). Combined acquisition offers enhanced development flexibility and greater overall project efficiency. Seller will consider package pricing for both parcels. Conveniently located near Baltimore Ave, Clark Park, University City, and public transit. Property sold as-is. Buyer responsible for all due diligence, zoning, and permitting. Agent has financial interest.
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Zillow last checked:
Listing updated:
Listed by:
Marino Polidori267-223-7820,
HomeSmart Realty Advisors2156041191
Source: Bright MLS,MLS#: PAPH2538346
Facts & features
Property
Lot
Size: 1,144 Square Feet
Dimensions: 16.00 x 70.00
Details
Parcel number: 511138000
Zoning: RM1
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Cedar Park
HOA
Has HOA: No
Location
Region: Philadelphia
Municipality: PHILADELPHIA
Financial & listing details
Tax assessed value: $95,500
Annual tax amount: $1,336
Date on market: 9/17/2025
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional,Negotiable,Private Financing Available
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