8450 Pine Road
Philadelphia, PA 19111
- – beds
- – baths
- – sqft
- ~3 acre lot
For Sale: Prime 3+ Acre Property with RSD-1 Zoning Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Last checked:
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Last updated Dec 31, 2024
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MLS# PAPH2431288 —
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:Pine Rd and Shady Lane
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Latitude:40.08815072
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Longitude:-75.07284463
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:3.38
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Lot Size Source:Estimated
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Lot Size Dimensions:509.00 x 328.00
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Lot Dimensions Source:Estimated
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Lot SqFt:147,306 Sqft
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Additional Parcels:No
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Zoning:RSD1
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:C28
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 764-5315
- Office phone:
- (610) 764-5315
Taxes
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Tax ID Number:632193210
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Tax Year:2024
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Tax Lot:38
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Tax Annual Amount:$7,001
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Tax Assessed Value:$500,200
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Year Assessed:2024
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School Tax:3921.0
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City/Town Tax:3080.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:On Site Septic
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Water Source:Well
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/31/24
Dec 31, 2024
|
Listed / Active | BRIGHT | $960,000 |
