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    3538 Scotts Ln Philadelphia, PA 19129

    Sponsored
    For Sale
    $65,000

    Prime 0.08-acre lot, build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity awaits in Philadelphia's desirable East Falls neighborhood. This 0.08-acre residential lot, boasting over 3,500 square feet, is zoned RSA-5, presenting a unique chance to build a new home. Located on Scotts Lane, accessible via a charming cobblestone road, this property offers unparalleled convenience. Its prime location places you within easy reach of Ridge Avenue's vibrant dining and entertainment scene, as well as convenient public transportation options, including the 35th and Allegheny bus loop. The land value is calculated at $18.21 per square foot, making this a compelling proposition for developers and discerning homebuyers alike. The asking price for this exceptional property is $65,000. Don't miss this chance to acquire a piece of East Falls' thriving community. This lot presents a rare opportunity to create a custom home in a highly sought-after area.

    Property Features for 3538 Scotts Ln

    General Information

    Property type
    Land
    Lot Size
    3,485 SF

    HighLights

    • 3,500+ SF lot in desirable East Falls, zoned RSA‑5.
    • Prime location near Ridge Avenue's amenities and public transit (35th & Allegheny bus loop).
    • Charming cobblestone road access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.187586265217
    Latitude
    40.006870788713

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    FAQs

    What type of property is this?
    Land - Prime 0.08-acre lot, build your dream home.
    Where is this land located?
    The property is located at 3538 Scotts Ln Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: 3,500+ SF lot in desirable East Falls, zoned RSA-5.; Prime location near Ridge Avenue's amenities and public transit (35th & Allegheny bus loop).; Charming cobblestone road access.
    Request Owner's contact information
    3538 Scotts Ln Philadelphia, PA 19129
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3538 Scotts Ln Philadelphia, PA 19129
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