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Germantown Development Opportunity
For Sale
$399,000

4530-32 WAYNE Avenue, Philadelphia, PA 19144

Land, PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.04 Acres
Days on Market104

Property Features for 4530-32 WAYNE Avenue

General Information

Property type Land
Property subtype Other
Subdivision GERMANTOWN (EAST)
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 316
Listing Agency: HomeSmart First Advantage Realty · HomeSmart International
Listed By: Gazi Ataseven · License #RM426020
Added: May 26 Changed: Sep 3 Last Checked: Sep 6 at 4:06AM
MLS# PAPH2625450

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.

Investment Insights

Based on property information with market context.

This is a rare development opportunity in the heart of Germantown, Philadelphia. The prime corner development package includes 4530 Wayne Avenue and 4532 Wayne Avenue, offering approximately 4,500 square feet of combined lot area with RM-1 multi-family residential zoning. This is an exceptional opportunity for developers and investors looking to build in one of Philadelphia's fastest-growing neighborhoods. Preliminary schematic designs have already been completed for an 8-unit modern multi-family development with a mix of 2-bedroom and 3-bedroom units. The project features approximately 7,260 square feet of above-grade building area and approximately 6,700 square feet of rentable space. Unit breakdown: Unit 1 - 2 bed / 1 bath - 832 square feet; Unit 2 - 3 bed / 2 bath - 1,095 square feet; Unit 3 - 3 bed / 2 bath - 1,028 square feet; Unit 4 - 2 bed / 2 bath - 705 square feet; Unit 5 - 2 bed / 2 bath - 729 square feet; Unit 6 - 3 bed / 2 bath - 918 square feet; Unit 7 - 2 bed / 2 bath - 665 square feet; Unit 8 - 2 bed / 2 bath - 729 square feet. The location is near public transportation, shopping, restaurants, schools, and major highways. Architectural and schematic design work has already been started, saving developers valuable time and helping streamline the development process. The lot size is approximately 0.0352 acres.

Key Highlights

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Rare development opportunity in Philadelphia's rapidly growing Germantown neighborhood.
Where is this land 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 residential zoning.; Approximately 4,500 sqft combined lot area suitable for development.; Preliminary schematic designs completed for an 8‑unit multi‑family development.
More about this property
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