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Listed by Mark S Zwick • KW Empower
$ 699,000
Est. payment | /mo
3,880 Sqft Lot
$ 699,000
Est. payment | /mo
3,880 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Walnut Hill
MLS Listing ID PAPH2519634
HOA Y/N N
Available Date 2025-07-30
Annual Tax Amount $1,657
Tax Year 2025
Lot Size 3,880 Sqft
Acres 0.09
Lot Dimensions 40.00 x 97.00
Property Sub-Type Land
Source BRIGHT
Property Description
Rare Development Opportunity – Excellent Location in Walnut Hill / West Philadelphia / University City.
Double-wide corner lot measuring 40' x 97', offering prime development potential on the edge of University City. Zoned to build nine units by right, with the possibility of adding more units through available zoning bonuses. Located in the heart of the Walnut Hill neighborhood, this vacant lot presents a unique chance to create new housing in a community that is actively supportive of development. The Walnut Hill Neighborhood Association has expressed strong interest in seeing this land put to productive use. Previously completed plans for nine spacious 2 and 3-bedroom apartments with expansive rooftop deck and elevator will be included with sale - an excellent starting point for a developer seeking to move quickly. Significant previous due diligence previously completed. Lots of new construction and new apartment buildings in area. Opportunities like this are rare in this part of the city - especially with community support and existing architectural plans in place.
Double-wide corner lot measuring 40' x 97', offering prime development potential on the edge of University City. Zoned to build nine units by right, with the possibility of adding more units through available zoning bonuses. Located in the heart of the Walnut Hill neighborhood, this vacant lot presents a unique chance to create new housing in a community that is actively supportive of development. The Walnut Hill Neighborhood Association has expressed strong interest in seeing this land put to productive use. Previously completed plans for nine spacious 2 and 3-bedroom apartments with expansive rooftop deck and elevator will be included with sale - an excellent starting point for a developer seeking to move quickly. Significant previous due diligence previously completed. Lots of new construction and new apartment buildings in area. Opportunities like this are rare in this part of the city - especially with community support and existing architectural plans in place.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 881612460
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bradley Rayfield
REALTOR® | Lic# MD 633057 | DE RS-0038462
1131 South Salisbury Blvd. Suite B, Salisbury, MD, 21801, USA