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Investment Highlights

  • 27,935 SF corner assemblage with scale for impactful residential development
  • Significant value-add potential driven by rising demand and neighborhood transformation
  • Located in Carroll Park, a rapidly growing West Philadelphia submarket with strong multifamily momentum
  • Prime location with quick access to Center City and Philadelphia International Airport

Executive Summary

Discover a remarkable investment opportunity in the heart of Carroll Park, Philadelphia! This expansive vacant lot, boasting 27,935 square feet, sits prominently on a corner, providing an ideal canvas for your next development project. West Philadelphia is witnessing a surge in new construction, especially multi-family homes, making it a hotspot for real estate investment. This neighborhood is rapidly transforming, with modern housing attracting a diverse and growing community. This vacant lot is a golden opportunity for visionary developers and savvy investors. Don’t miss out on the chance to be a part of the neighborhood’s exciting growth and transformation. Easy Access to Airport (30 min) and Center City (20 min). Please see the attached document on the surrounding features. Lots Included In the Sale: 5406 Master St ( Tax ID: #885950540), 5408 Master St (Tax ID: #885950780), 5410-12 Master St (Tax ID: #885950800), 5414-22 Master St (Tax ID: #885148504), 1331 N. Conestoga St (Tax ID: #041291205)

Property Facts

Price $689,793 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 0.64 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $689,793 CAD
Price Per AC $1,075,617.82 CAD
Lot Size 0.64 AC
Exceptionally walkable
100/100
Somewhat drivable
30/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 885950540
  • 041291205
  • 885950780
Land Assessment
$146,296 CAD
Improvements Assessment
$0 CAD
Total Assessment
$146,296 CAD
  • Listing ID: 40061843

  • Date on Market: 2026-04-07

  • Last Updated:

  • Address: 5414-22 W Master St, Philadelphia, PA 19131

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