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Large Vacant Lot in Philadelphia
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5406 Master St, Philadelphia, PA 19131

27,935 sq ft vacant lot in growing West Philadelphia.

Property SizeContact for details
Lot Size0.64 Acres
Days on Market854

Property Features for 5406 Master St

General Information

Standard status Active
Lot size 0.64 Acres
Property subtype Land
Zoning RSA-5

Site & Location

Neighborhood West Philadelphia
Listing Agency: BHHS Fox & Roach Center City-Society Hill
Listed By: Michele Cooley · License #PA RS295660
Source: Crexi
Added: Jun 25, 2024 Changed: Oct 26 Last Checked: Oct 26 at 4:13PM

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 BHHS Fox & Roach Center City-Society Hill

Rey
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Investment Insights

Based on property information with market context.

This expansive vacant lot, encompassing 27,935 square feet, is situated on a corner in Carroll Park, Philadelphia. The property is positioned in West Philadelphia, an area experiencing increased new construction, particularly multi-family homes. This neighborhood is undergoing transformation, attracting a diverse and growing community with modern housing. The location provides access to the Airport (30 min) and Center City (20 min). The lot includes the following properties: 5406 Master St, 5408 Master St ,5410-12 Master St, 5414-22 Master St, 1331 N Conestoga St, and presents an opportunity for development.

Key Highlights

  • Large 27,935 sq ft vacant lot ideal for development.
  • Prime corner lot location.
  • Located in West Philadelphia, an area experiencing rapid growth and new construction.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Skin Care Clinic Gym & Fitness Center

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

1,346
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
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?
Land - 27,935 sq ft vacant lot in growing West Philadelphia.
Where is this land located?
The property is located at 5406 Master St Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Large 27,935 sq ft vacant lot ideal for development.; Prime corner lot location.; Located in West Philadelphia, an area experiencing rapid growth and new construction.
(267) 688-0488 Call to check price and availability
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