Development Land
For Sale
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2523 N PALETHORP STREET, Philadelphia, PA 19133
Fenced, well-maintained land in a Qualified Opportunity Zone with nearby new construction.
Property SizeContact for details
Days on Market222
Property Features for 2523 N PALETHORP STREET
General Information
Standard status
Active
Property subtype
Land
Site & Location
Neighborhood
Kensington
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$659
Listing Agency:
Fifth Realty
Listed By:
Boris V Verbitsky · License #RS311035
(617) 840-1735
Source:
Patmckennarealtors
Added: Mar 19
Changed: Oct 25
Last Checked: Oct 25 at 1:38AM
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 Fifth Realty
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Investment Insights
Based on property information with market context.
This offering presents a development land parcel that is fenced and well maintained. The property is positioned to support future site plans, with the current improvements focused on maintaining the lot in usable condition.
The parcel is located in Old Kensington and sits on an artsy, developing block. Public remarks note substantial new construction in the immediate area, which may be relevant to developers evaluating neighborhood momentum and surrounding redevelopment activity. The site also lies within a Qualified Opportunity Zone.
For investors and developers, the Qualified Opportunity Zone designation and the surrounding new construction context are practical considerations when assessing eligibility and timing for development efforts. Interested parties can review the lot configuration and existing condition at the site level as part of their due diligence for a potential project in Old Kensington.
The parcel is located in Old Kensington and sits on an artsy, developing block. Public remarks note substantial new construction in the immediate area, which may be relevant to developers evaluating neighborhood momentum and surrounding redevelopment activity. The site also lies within a Qualified Opportunity Zone.
For investors and developers, the Qualified Opportunity Zone designation and the surrounding new construction context are practical considerations when assessing eligibility and timing for development efforts. Interested parties can review the lot configuration and existing condition at the site level as part of their due diligence for a potential project in Old Kensington.
Key Highlights
- Fenced, well‑maintained land
- Located within a Qualified Opportunity Zone
- Development opportunity on an artsy, developing block with substantial new construction nearby
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,332
Businesses Nearby
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Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fenced, well-maintained land in a Qualified Opportunity Zone with nearby new construction.
Where is this residential land & home lot located?
The property is located at 2523 N PALETHORP STREET Philadelphia, PA.
What are key features of this property?
This property features: Fenced, well‑maintained land; Located within a Qualified Opportunity Zone; Development opportunity on an artsy, developing block with substantial new construction nearby
