Development Opportunity in Cedar
For Sale
$179,000
722 S 49TH Street, Philadelphia, PA 19143
LAND - PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.03 Acres
Days on Market322
Property Features for 722 S 49TH Street
General Information
Property type
Land
Property subtype
Other
Subdivision
CEDAR PARK
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1812
Listing Agency:
HomeSmart Realty Advisors
(215) 604-1191
Listed By:
Marino Polidori · License #rs318856
(267) 223-7820
Added: Sep 17, 2025
Changed: Jun 9
Last Checked: Aug 4 at 4:06PM
MLS# PAPH2536772
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 located in the Cedar Park neighborhood of West Philadelphia. The property is a corner lot situated at 49th & Florence. Zoned RM-1, the property offers multifamily or single-family development potential. The site had previous approval for a 3-story, 3-unit building with a roof deck, though the zoning is now expired. Architectural plans, engineering drawings, and prior approvals are available for reference. The corner parcel offers frontage, light exposure, and design flexibility. It is suitable for developers seeking a standalone project or a larger combined development. The property is also available as a package with a nearby property, creating an opportunity to control multiple sites. The combined acquisition offers layout flexibility and development efficiency. The property is surrounded by active development and located steps from Baltimore Ave, Clark Park, and SEPTA transit options. The lot size is 0.0312 acres.
Key Highlights
- Rare corner lot in booming Cedar Park neighborhood, West Philadelphia.
- RM‑1 zoning allows for by‑right multifamily or single‑family development.
- Previously approved for a 3‑story, 3‑unit building with roof deck (plans available).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,507
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Properties on Market for Land in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Prime corner lot in West Philadelphia's Cedar Park neighborhood.
Where is this land located?
The property is located at 722 S 49TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Rare corner lot in booming Cedar Park neighborhood, West Philadelphia.; RM‑1 zoning allows for by‑right multifamily or single‑family development.; Previously approved for a **3‑story, 3‑unit building with roof deck** (plans available).
