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Shovel-Ready Roxborough Development Opportunity

4487 - 4489 BOONE Street, Philadelphia, PA 19128

For Sale
$475,000

Land, PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market287

Property Features for 4487 - 4489 BOONE Street

General Information

Property type Land
Property subtype Other
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 7258
Listing Agency: OCF Realty LLC - Philadelphia
Listed By: Andrew Mulson · License PA RS349211
Added: Jan 27 Changed: Aug 19 Last Checked: Nov 9 at 1:06PM
MLS# PAPH2578192

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.

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Investment Insights

Based on property information with market context.

This is a shovel-ready, two-lot development package featuring approved subdivision and building permits. Located on Boone Street in Roxborough, Philadelphia, the package includes two detached single-family new construction homes. Parcel F, located at 4489 Boone Street, measures 2,657 square feet, while Parcel G, at 4487 Boone Street, encompasses 3,198 square feet, resulting in a combined area of 5,855 square feet. The zoning is RSA-3. Both lots have issued building permits (RP-2025-011951, RP-2025-012004) and zoning permits. Approved architectural plans and structural/framing plans are included. Both lots have approved 10-year declining tax abatements that transfer to the buyer. A full diligence binder is available, including a geotechnical report, civil/earth moving plans, excavation calculations, Streets Department approval, arborist assessment, and survey documentation. The subdivision was reviewed and approved by the Philadelphia Board of Surveyors in September 2024. A deed of subdivision with metes and bounds descriptions for all parcels is included. The underlying lot may support a third buildable parcel with a new subdivision application.

Key Highlights

  • Shovel‑ready 2‑lot development package with approved subdivision and building permits in hand.
  • Approved 10‑year declining tax abatements transfer to the buyer.
  • Includes approved architectural and structural/framing plans.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Florist

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

1,675
Businesses Nearby

Demographics for 19128, PA

36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Philadelphia

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Frequently Asked Questions

What type of property is this?
Land - Two approved lots for single-family homes in Roxborough.
Where is this land located?
The property is located at 4487 - 4489 BOONE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Shovel‑ready 2‑lot development package with approved subdivision and building permits in hand.; Approved 10‑year declining tax abatements transfer to the buyer.; Includes approved architectural and structural/framing plans.
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