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    5421 Market St Philadelphia, PA 19139

    For Sale
    $37,000

    LAND - PHILADELPHIA, PA

    Lot size:
    0.02 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 5421 Market St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.02 Acres

    eXp Realty (888) 397-7352 [email protected]

    Listing agent Deidre M Quinn (888) 397-7352 License #RS276819

    Listing date Nov 26, 2025

    MLS# PAPH2438076 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Land Development Opportunity

    Located in Philadelphia, PA, this real estate opportunity features two adjacent lots at 5421 and 5423 Market Street, available for individual purchase or as a combined package. Each lot is 15 X 66 and zoned CMX-3 for commercial and residential development. The zoning allows for the potential to build a 3-story rowhouse or a single-unit mixed-use building with retail or office space on the first floor and living space above. It is suitable for a small storefront, such as a boutique or cafe, with an upper-level apartment or office. The combined lots measure 30' x 132'. If both are purchased, they are ideal for multiple rowhouses or a larger mixed-use building, such as retail or office space on the ground floor with 8-12 apartments above. There is an opportunity to create a 4-6 rowhouse development with modern design and high market appeal, perfect for medium-density multifamily housing, commercial spaces, or apartment rentals. The location is central, making it attractive for developers seeking to capitalize on high-demand housing or mixed-use investments. The CMX-3 zoning offers flexibility for residential and commercial uses. The lots offer the potential to maximize space with rear yard access or shared parking, depending on the project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.229454
    Latitude
    39.960781

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    FAQs

    What type of property is this?
    Commercial land - Two adjacent lots zoned CMX-3, ideal for development.
    Where is this commercial land located?
    The property is located at 5421 Market St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $37,000.
    What are key features of this property?
    This property features: - CMX-3 zoning allows for flexible commercial and residential development.; - Opportunity to purchase two adjacent lots, either individually or combined.; - Potential for a 4-6 rowhouse development or larger mixed-use building if both lots are purchased.
    (888) 397-7352
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5421 Market St Philadelphia, PA 19139
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