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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 Market165

Property Features for 5116-18 Wakefield Street

General Information

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

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: Sep 2 Last Checked: Sep 4 at 2:05PM

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.

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

Current Use

Residential land & home ...

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
Rey
Questions? Ask Rey
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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.
More about this property
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