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Two Adjacent Vacant Lots
For Sale
$85,000

5116-18 Wakefield Street, Philadelphia, PA 19144

Two side-by-side vacant, flat lots are ready for development under residential zoning.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market216

Property Features for 5116-18 Wakefield Street

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Land / Fee Simple
Zoning R

Site & Location

Neighborhood Wister

Taxes and HOA fees

Annual Taxes $1,135
Listing Agency: BMB Living, Inc.
Listed By: Marvis Burns · License #RS323408
Source: Compass
Added: Mar 24 Changed: Oct 19 Last Checked: Oct 24 at 8:57PM

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 BMB Living, Inc.

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Investment Insights

Based on property information with market context.

This offering includes two side-by-side vacant lots, each measuring 25 by 50, for a total of 5,250 square feet. The land is described as flat and industrial, and it is currently vacant, offering a clean development slate with no demolition or extensive site work needed, based on the seller’s remarks.

The property is zoned residential (R). The remarks note a plan to pursue a zoning change to allow construction of two triplexes, creating a six-unit residential complex.

The site is positioned for convenient access, with the listing stating proximity to public transportation, neighborhood amenities, and major roadways in Philadelphia’s Germantown section.

Key Highlights

  • Two side‑by‑side vacant lots at 5112 Wakefield St in Germantown, Philadelphia.
  • Each lot measures 25x50, totaling 5,250 SF of land for development.
  • Land is flat and currently vacant, providing a clean slate for development.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

1,196
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two side-by-side vacant, flat lots are ready for development under residential zoning.
Where is this residential land & home lot located?
The property is located at 5116-18 Wakefield Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Two side‑by‑side vacant lots at 5112 Wakefield St in Germantown, Philadelphia.; Each lot measures 25x50, totaling 5,250 SF of land for development.; Land is flat and currently vacant, providing a clean slate for development.
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