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    5814 Erdrick St Philadelphia, PA 19135

    Sponsored
    For Sale
    $600,000

    LAND - PHILADELPHIA, PA

    Lot size:
    0.84 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 5814 Erdrick St

    General Information

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

    Merritt & Associates, LLC d/b/a RE/MAX Specialists (215) 327-1234 [email protected]

    Listing agent Robert O Merritt (215) 248-4400 License #RM420540

    Listing date Jan 5, 2026

    Copyright © 2026 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

    Development Land in Philadelphia

    This property, along with the adjacent lot at 4125 Van Kirk St, offers a real estate development opportunity with over 1.25 acres of land. Located in the lower Mayfair/Wissonoming area of Philadelphia, the site is suitable for the construction of 32 new homes. Plans are available for new homes, subdivision, and plan revision. The current market price for homes with 1200-1500 interior square feet is $350,000 to $400,000. The site consists of two parcels of ground. The lot size is 0.84 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -75.06621
    Latitude
    40.02216

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    FAQs

    What type of property is this?
    Land - Over 1-1/4 acres ready for development in Philadelphia.
    Where is this land located?
    The property is located at 5814 Erdrick St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Development opportunity: Over 1-1/4 acres of land ready to be developed.; - Approved plans available: Plans for new homes, subdivision, and plan revision are available.; - Potential for 32 new homes: Site allows for the construction of 32 homes.
    (215) 327-1234
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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
    5814 Erdrick St Philadelphia, PA 19135
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