5023 GERMANTOWN Avenue Philadelphia, PA 19144

Listing Agency Keller Williams Realty b***@kw.com Show Phone

409 Marlton Pike, Cherry Hill, PA

Listed by Najada Alexandra Merdani · License #RS380060 Show Phone

Added: Apr 9 Updated: Jun 19 at 12:49 pm Checked: Jul 21 at 5:06 am

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MLS# PAPH2605882 Listing URL

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Investment Insights

Based on property information with market context.

This vacant land parcel, located at 5023 Germantown Ave in Philadelphia, presents an exceptional investment and development opportunity. Zoned CMX-2, the 0.0413-acre lot offers flexibility for mixed-use, multifamily, or commercial development. Preliminary plans for a six-unit building are available. Potential zoning bonuses may allow for increased density, providing an opportunity to maximize returns and overall project value. The property benefits from strong foot and vehicle exposure due to its strategic location along a high-visibility, high-traffic corridor. Easy access to public transportation, major thoroughfares, and a dense mix of neighborhood amenities further enhances its long-term investment appeal. It is well-suited for both residential and commercial end uses. This property is ideal for developers and investors seeking to capitalize on continued growth and demand in the Germantown submarket. Buyer is responsible for independent verification of zoning and development potential.

Key Highlights

• CMX‑2 zoning allows for mixed‑use, multifamily, or commercial development.
• Located on a high‑visibility, high‑traffic corridor.
• Preliminary plans available for a six‑unit building.

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FAQs

What type of property is this?

Commercial land - Vacant land parcel in Philadelphia's Germantown submarket.

Where is this commercial land located?

The property is located at 5023 GERMANTOWN Avenue Philadelphia, PA.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: CMX‑2 zoning allows for mixed‑use, multifamily, or commercial development.; Located on a high‑visibility, high‑traffic corridor.; Preliminary plans available for a six‑unit building.