A perfect investment opportunity to build and develop on a commercial, residential mixed use, CMX2 zoned corner lot on 56th and Walton, in the up and coming Cobb’s Creek Neighborhood. This lot is just west of Walnut Hill/Cedar Park neighborhoods and a short walk from Blanche A. Nixon/Cobbs Creek Library, where the City's Rebuild Program has begun a $6.5 million investment into its park, recreation center, library, new amphitheater, new walking paths and a new play area. A few blocks from Boys Latin Philadelphia Charter School, PHS Christy Pool and Recreation Center and PHMC Public Health Campus on Cedar. Close to great restaurants like Buna Café Philly, Vietnam Cafe, Booker’s Restaurant & Bar and Cleo's Bagels. A three minute drive to the Cobbs Creek Shopping Center, Malcolm X Memorial Park, 5 minute drive to Bartram’s Gardens. The commute is made easy with a one block walk to the 57th St. Bus Stop, 5 blocks to Baltimore Ave.’s Light Rail Station, 15 minute drive to 30th St. Station, University of Pennsylvania and less than 20 minute drive to Center City’s museums, renowned restaurants and Philadelphia International Airport. Build your investment property here! Lot size 19x74, zoned CMX2.
Lot/land
$70,000
632 S 56th St, Philadelphia, PA 19143
--beds
--baths
1,406Square Feet
Unimproved Land
Built in ----
1,406 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 388 days |
- 6 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jenn Borish 215-275-3246,
Compass RE 2674358015,
Listing Team: City Block Team
Source: Bright MLS,MLS#: PAPH2469204
Facts & features
Property
Lot
- Size: 1,406 Square Feet
- Dimensions: 19.00 x 74.00
- Features: Cleared, Corner Lot
Details
- Parcel number: 463220900
- Zoning: CMX2
- Zoning description: Mixed Use- Commercial, Apartments, Single Family
- Special conditions: Standard
- Other equipment: None
Utilities & green energy
- Sewer: No Sewer System
- Water: None
Community & HOA
Community
- Subdivision: Cobbs Creek
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $40,400
- Annual tax amount: $566
- Date on market: 6/17/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: None
- Exclusions: None
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,298/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Price change | $70,000-17.6% |
Source: | ||
| 6/17/2025 | Listed for sale | $85,000+1973.2% |
Source: | ||
| 1/14/2006 | Sold | $4,100 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $566 +461.1% | $40,400 +461.1% |
| 2024 | $101 | $7,200 |
| 2023 | $101 | $7,200 |
| 2022 | $101 | -- |
| 2021 | $101 | -- |
| 2018 | $101 | -- |
| 2017 | $101 | -- |
| 2016 | $101 | -- |
| 2015 | $101 | -- |
| 2014 | $101 +4.5% | $7,200 +435.7% |
| 2012 | $96 | $1,344 |
| 2011 | -- | $1,344 |
| 2010 | -- | $1,344 |
| 2009 | -- | $1,344 |
| 2008 | -- | $1,344 |
| 2007 | -- | $1,344 |
| 2006 | -- | $1,344 +162.5% |
| 2005 | -- | $512 |
| 2004 | -- | $512 |
| 2003 | -- | $512 |
| 2002 | -- | $512 |
| 2000 | -- | $512 |
| 1999 | -- | $512 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Cobbs Creek
Nearby schools
GreatSchools rating
- 6/10Hamilton Andrew SchoolGrades: K-8Distance: 0.3 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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