Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Shovel-Ready — Building Permits Issued
  • 10-Year Tax Abatements Approved + Developer Abatement
  • Approved 2-Lot Subdivision — Board of Surveyors

Executive Summary

This offering presents a shovel-ready, two-lot development package located in Philadelphia’s Roxborough neighborhood. The property comes with approved subdivision and building permits in hand, allowing for the immediate construction of two detached single-family homes. Each parcel is zoned RSA-3 and supported by comprehensive planning, including architectural designs, structural/framing documents, and a full set of due diligence materials such as geotechnical and civil reports, excavation calculations, and survey documentation.
Both lots hold approved 10-year declining tax abatements, providing buyers with a meaningful financial advantage. Also notable is the backing from Philadelphia Streets Department and the Board of Surveyors, which have fully approved the subdivision and associated site plans. Deed documentation with metes and bounds is included as part of the transaction, streamlining the title transfer and development process.
Positioned within a desirable section of Northwest Philadelphia, the site benefits from proximity to local retail corridors, business amenities, and easy access to major routes serving Center City and surrounding areas. Offering the potential for near-term residential construction and additional upside through further subdivision, this property aligns well with developers or investors seeking a well-located project with municipal approvals, transferable incentives, and immediate build capability.

Data Room Click Here to Access

Property Facts

Price $662,373 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 0.13 AC
Zoning RSA-3

1 Lot Available

Lot

Price $662,373 CAD
Price Per AC $4,927,932.32 CAD
Lot Size 0.13 AC

Two Shovel-Ready Permitted Lots - Semi-Detached New Build in Roxborough. APNS are 092N110031 (Lot F) and 092N110180 (Lot G).

Description

Shovel-ready 2-lot development package with approved subdivision and building permits in hand. Two detached single-family new construction homes on Boone Street in Roxborough (19128). Parcel F (4489 Boone): 2,657 SF | Parcel G (4487): 3,198 SF | Combined: 5,855 SF. RSA-3 zoning. Both lots have issued building permits (RP-2025-011951, RP-2025-012004) and zoning permits. Approved architectural plans and structural/framing plans included. Both lots have approved 10-year declining tax abatements that transfer to the buyer — a significant financial advantage for end purchasers. Abatement approval letters available in the Data Room. Full diligence binder available in the Data Room: geotechnical report, civil/earth moving plans, excavation calculations, Streets Department approval, arborist assessment, and survey plat. Subdivision was reviewed and approved by the Philadelphia Board of Surveyors (Sept 2024). Deed of subdivision with metes and bounds descriptions for all parcels included. Additional upside: the underlying lot may support a third buildable parcel with a new subdivision application — buyer to perform own due diligence.

Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
211175900
Land Assessment
$121,375 CAD
Improvements Assessment
$485,499 CAD
Total Assessment
$606,873 CAD
  • Listing ID: 40422429

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 4487 Boone St, Philadelphia, PA 19128

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}