PA
PHILADELPHIA
PHILADELPHIA
19111
8450 PINE ROAD
8450 PINE ROAD, PHILADELPHIA, PA 19111
Listing Type
Lots/Land
Listing Status
active
27
$955,000

Home Details for 8450 PINE ROAD

Price
$955,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
3.38
County
PHILADELPHIA
Garage
Days on site
49
MLS Listing#
PAPH2431288
Listing Courtesy: Brickmatics - 610-764-5315
Property Description

For Sale: Prime 3+ Acre Property with RSD-1 Zoning, 3200 sq foot home with 3 parking garages. 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.

Property Features
  • Water Features
    • Well
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Last Updated: 2025-02-11 05:00:36
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1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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