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990 W Tabor Rd
Philadelphia, PA 19141
Land For Sale
·
0.49 AC
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.49 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CMX2 - CMX-2 zoning is a commercial and mixed-use district primarily intended for smaller-scale commercial development | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.49 AC |
| Opportunity Zone |
Yes |
| Zoning | CMX2 - CMX-2 zoning is a commercial and mixed-use district primarily intended for smaller-scale commercial development |
1 LOT AVAILABLE
Lot
| Price | $861,456 CAD | Lot Size | 0.49 AC |
| Price Per AC | $1,747,375.75 CAD |
| Price | $861,456 CAD |
| Price Per AC | $1,747,375.75 CAD |
| Lot Size | 0.49 AC |
DESCRIPTION
Excellent investment opportunity awaits at 990 W Tabor St, where 77 proposed units can be built without the need for a zoning variance. This prime 16,940 square foot commercial lot, adjacent to Einstein Hospital, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriner’s Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA’s Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia. Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road Multi-Family Development Site.
PROPERTY TAXES
| Parcel Number | 885376340 | Improvements Assessment | $0 CAD |
| Land Assessment | $414,188 CAD | Total Assessment | $414,188 CAD |
PROPERTY TAXES
