Residential Redevelopment Opportunity – Two-Lot Site in Elkins Park, PA Zoned R3 Residential | Former Auto Salvage Yard | Cheltenham Township Offered for sale is a residential redevelopment opportunity in the Elkins Park section of Cheltenham Township (Montgomery County, PA). This property consists of two separate tax parcels and is currently improved with structures from a long-standing auto salvage operation, which has since ceased. Both parcels are zoned R3 Residential (per the townships on line zoning map), making the site an excellent candidate for new custom residential development that blends with the surrounding neighborhood. Adding to its appeal, the property adjoins Tookany Creek and offers peaceful, serene views — a unique natural amenity that would be a major plus for future residents. The location offers quiet suburban character with access to schools, parks, and public transportation — an ideal setting for a residential project. While the previous use as a salvage yard was previously approved, the highest and best use today may lie in restoring the property to residential purposes consistent with local zoning. For zoning details and development guidance, contact Cheltenham Township Zoning Office at 215-887-1000.