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Corner Development Lot for Three Units
For Sale
$100,000
Pending

315 W Lehigh Ave, Philadelphia, PA 19133

Corner lot in an Opportunity Zone, zoned RM-1 for up to three units by right.

Property SizeContact for details
Days on Market542

Property Features for 315 W Lehigh Ave

General Information

Standard status Pending
Property subtype Land
Zoning RM-1

Additional Details

Opportunity Zone Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $211
Listing Agency: Kurfiss Sotheby's International Realty
Listed By: Lindsey Toconita · License #RS343604
Source: Exprealty
Added: Mar 13, 2025 Changed: Aug 8 Last Checked: Aug 8 at 8:05AM

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 Kurfiss Sotheby's International Realty

Investment Insights

Based on property information with market context.

This is a for-sale corner development lot presented as an investor and builder opportunity within a Qualified Opportunity Zone. The property is a rectangular site with dimensions noted as 16 feet wide and 72 feet deep. Based on the seller’s information, RM-1 zoning provides for up to three units by right, and the seller’s architect has completed a zoning review for additional convenience.

The lot is located in West Kensington at a high-traffic intersection on the corner of Lehigh and Orianna, which is presented as supporting strong visibility for a future development. The site configuration as a corner parcel is specifically highlighted for maximum visibility.

For tenants, buyers, and developers seeking RM-1 redevelopment flexibility, the by-right ability to pursue up to three units is the core planning advantage described with this offering. The completed zoning review may help streamline early feasibility work for a proposed project layout consistent with the stated dimensional and zoning parameters.

Key Highlights

  • Corner lot in a Qualified Opportunity Zone in rapidly growing West Kensington
  • Zoned RM‑1, allowing up to three units by‑right
  • By‑right dimensional parameters: up to 16 ft wide and 72 ft deep

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,325
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot in an Opportunity Zone, zoned RM-1 for up to three units by right.
Where is this residential land & home lot located?
The property is located at 315 W Lehigh Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Corner lot in a Qualified Opportunity Zone in rapidly growing West Kensington; Zoned RM‑1, allowing up to three units by‑right; By‑right dimensional parameters: up to 16 ft wide and 72 ft deep
More about this property
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