This vacant lot offers an exceptional development opportunity in one of Philadelphia’s most sought-after neighborhoods. Located just blocks from Temple University Hospital’s Campus, this 0.03-acre lot (1,154 sqft) is zoned RSA-5, which allows for a variety of residential uses, making it ideal for building or holding as a long-term investment.
Property Highlights:
Zoning: RSA-5 (Residential Single Family)
Lot Size: 0.03 acres / 1,154 sqft
Dimensions: 16.5 x 69.91 feet
Taxes: $106 annually (2021)
Tax Assessed Value: $7,600 (2021)
Utilities: Public water and public sewer available
Location: Just a few blocks from Temple University Hospital’s Campus, in a rapidly growing area of Philadelphia
Current Use: Vacant lot, available for development or long-term hold
Price per Acre: $1,650,000.00
Investment Potential:
This property offers significant development potential for those looking to build in a high-demand area with proximity to Temple University Hospital and its surrounding amenities. It’s a fantastic buy-and-hold investment or an excellent location for a new development, whether residential or commercial, benefiting from the ongoing growth of the neighborhood.