Industrial Land with I-3
For Sale
Contact for pricing
Pending
1103 S 31st St, Philadelphia, PA 19146
I-3 zoning permits heavy industrial development and operations by right, subject to required approvals and permits.
Property SizeContact for details
Days on Market147
Property Features for 1103 S 31st St
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Scope Investment Real Estate Services
Listed By:
Phil Sharrow · License #PA RSR002048
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 4 at 11:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scope Investment Real Estate Services
Investment Insights
Based on property information with market context.
This Philadelphia industrial land offering comprises a 123,388-square-foot lot along the Schuylkill waterfront. The property carries I-3 zoning, which permits heavy industrial development and operations by right. Buyers will need to secure applicable zoning approvals and building permits.
Feasibility studies prepared by local architect Harmon Deutsch outline two conceptual development programs. One illustrates a four-building apartment complex with 405 units. The other depicts a life science center with 283,800 square feet for research and development and 212,000 square feet for health and life sciences. These concepts are not stated as approved plans.
The site is positioned near the Pennovation Center, a 58,000-square-foot University of Pennsylvania business incubator and laboratory, and major healthcare institutions including CHOP and Penn Campus. It is also within a qualified opportunity zone and may qualify for a 10-year tax abatement for commercial ground-up development, with an adjusted 10-year abatement available for multifamily ground-up development.
Feasibility studies prepared by local architect Harmon Deutsch outline two conceptual development programs. One illustrates a four-building apartment complex with 405 units. The other depicts a life science center with 283,800 square feet for research and development and 212,000 square feet for health and life sciences. These concepts are not stated as approved plans.
The site is positioned near the Pennovation Center, a 58,000-square-foot University of Pennsylvania business incubator and laboratory, and major healthcare institutions including CHOP and Penn Campus. It is also within a qualified opportunity zone and may qualify for a 10-year tax abatement for commercial ground-up development, with an adjusted 10-year abatement available for multifamily ground-up development.
Key Highlights
- 123,388‑square‑foot industrial land parcel on the Schuylkill waterfront
- I‑3 zoning allows heavy industrial build and operation by right
- Feasibility study includes a 405‑unit apartment concept across four buildings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,387
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - I-3 zoning permits heavy industrial development and operations by right, subject to required approvals and permits.
Where is this industrial land located?
The property is located at 1103 S 31st St Philadelphia, PA.
What are key features of this property?
This property features: 123,388‑square‑foot industrial land parcel on the Schuylkill waterfront; I‑3 zoning allows heavy industrial build and operation by right; Feasibility study includes a 405‑unit apartment concept across four buildings
