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Prime Development Opportunity - Raw Land in University City This hidden gem is a rare chance for savvy investors and developers to secure a high-value property in one of the most rapidly gentrifying neighborhoods adjacent to University City. Located within walking distance to Drexel University and UPenn, this parcel offers unmatched convenience and accessibility. With I-76 just minutes away, you're only 5 minutes from the Philadelphia Museum of Art, 15 minutes from Center City, and 30 minutes from King of Prussia. It is also just 2 minutes from the rapidly developing Lancaster Avenue, home to a vibrant mix of restaurants, cafés, and bars. Surrounded by major developments and large-scale multi-unit projects, this lot sits on a wide street with ample parking, a huge advantage when applying for a zoning variance (2-4 units are common in the area). New multifamily constructions here are valued between $850K and $1.2M, making this a golden opportunity for builders and investors. With the market at its bottom and interest rates expected to drop soon, now is the time to act. Opportunities like this are rare, and this could be a true once-in-a-lifetime investment. Don't miss out"”once it's gone, it's gone!
Property Type(s):
Lot/Land/Acreage
| Last Updated | 3/7/2025 | Year Built | 0 |
|---|---|---|---|
| Community | 19104 (19104) | County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Details
| AREA | 19104 (19104) |
|---|---|
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 15.00 x 74.00 |
| TAXES | 473 |
| WATER | None |
Location
Listing provided by KW Main Line - Narberth
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2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/19/25 8:06 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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