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Approved Land for Luxury Homes
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1611 S 29th St, Philadelphia, PA

Land approved for ten luxury homes in Philadelphia.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market946

Property Features for 1611 S 29th St

General Information

Standard status Active
Lot size 0.16 Acres
Property subtype LAND
Listing Agency: Binswanger - Corporate
Listed By: Jason Ostach · License #1755115
Source: Moodyscre
Added: Jan 30, 2024 Changed: Aug 18 Last Checked: Aug 31 at 12:05AM

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 Binswanger - Corporate

Investment Insights

Based on property information with market context.

This property features a total lot size of approximately 0.16 acres, equivalent to 7,261 square feet. It is fully permitted and approved for the construction of ten three-story single-family luxury homes, each benefiting from a 10-year tax abatement. The zoning is CA-1, designated for auto-oriented commercial use within the city of Philadelphia. The lot boasts 153 feet of frontage on 29th Street, with overall dimensions of 153 feet by 47 feet. The lot has been divided and assigned separate tax identification numbers. Situated within a Philadelphia Opportunity Zone, the property's estimated 2023 taxes are $3,360. Located in the Grays Ferry area of South Philadelphia, the site is directly across from Lanier Park. It is less than 2 miles from City Hall and 1 mile from Penn Medicine, with convenient access to I-76, Route 1, and Broad Street.

Key Highlights

  • Fully permitted and approved for (10) three‑story single family luxury homes with 10 year tax abatements.
  • Located within a Philadelphia Opportunity Zone.
  • 153' of frontage on 29th Street.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Kitchen & Bath Showroom Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - Land approved for ten luxury homes in Philadelphia.
Where is this land located?
The property is located at 1611 S 29th St Philadelphia, PA.
What are key features of this property?
This property features: Fully permitted and approved for (10) three‑story single family luxury homes with 10 year tax abatements.; Located within a Philadelphia Opportunity Zone.; 153' of frontage on 29th Street.
(856) 630-0774 Call to check price and availability
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