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Germantown Development Opportunity
For Sale
$399,000

4530-32 Wayne Avenue, Philadelphia, PA 19144

Corner lot package for multi-family residential development in Germantown.

Property Size7,260 SF
Lot Size0.10 Acres
Price / SF$54.96
Days on Market196

Property Features for 4530-32 Wayne Avenue

General Information

Standard status Active
Size 7,260 SF
Lot size 0.10 Acres
Property subtype Land / Fee Simple
Zoning RM1

Taxes and HOA fees

Annual Taxes $316
Listing Agency: HomeSmart Realty Advisors
Listed By: Gazi Ataseven · License #RM426020
Source: Compass
Added: Feb 17 Changed: Aug 31 Last Checked: Aug 31 at 12:48AM

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 HomeSmart Realty Advisors

Investment Insights

Based on property information with market context.

This corner development package in Germantown includes 4530 and 4532 Wayne Avenue, offering approximately 4,500 sqft of combined lot area. Zoned RM-1 multi-family residential, this property presents an opportunity for developers and investors in a growing Philadelphia neighborhood. Preliminary schematic designs have been completed for an 8-unit modern multi-family development. The project features approximately 7,260 sqft of above-grade building area and approximately 6,700 sqft of rentable space. The unit breakdown includes: Unit 1, a 2-bedroom, 1-bath unit at 832 sqft; Unit 2, a 3-bedroom, 2-bath unit at 1,095 sqft; Unit 3, a 3-bedroom, 2-bath unit at 1,028 sqft; Unit 4, a 2-bedroom, 2-bath unit at 705 sqft; Unit 5, a 2-bedroom, 2-bath unit at 729 sqft; Unit 6, a 3-bedroom, 2-bath unit at 918 sqft; Unit 7, a 2-bedroom, 2-bath unit at 665 sqft; and Unit 8, a 2-bedroom, 2-bath unit at 729 sqft. The location is near public transportation, shopping, restaurants, schools, and major highways. Architectural and schematic design work has been started.

Key Highlights

  • Prime corner development package in Germantown with RM‑1 multi‑family zoning.
  • Approximately 4,500 sqft combined lot area suitable for development.
  • Preliminary schematic designs completed for an 8‑unit multi‑family building.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Electrical Service

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

1,062
Businesses Nearby

Demographics for 19144, PA

44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
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 package for multi-family residential development in Germantown.
Where is this residential land & home lot located?
The property is located at 4530-32 Wayne Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime corner development package in Germantown with RM‑1 multi‑family zoning.; Approximately 4,500 sqft combined lot area suitable for development.; Preliminary schematic designs completed for an 8‑unit multi‑family building.
More about this property
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