4012-14 40Th St Philadelphia, PA 19104
This exceptional Philadelphia property, located at 4012-14 Poplar & 1006 N 40th St (19104), presents a significant development opportunity. The property encompasses three parcels totaling approximately 27,049 square feet, zoned RSA-5, and includes a 6,161 square foot building currently operating as a church and daycare center. The "As Is" sale includes both the land and building, with the option to purchase the existing contents as well. The building features a place of assembly, playroom, office space, kitchen, and bathrooms. Utilities include electric, gas, phone, sewer, and water, connected to public services. This versatile property is ideally suited for redevelopment into an apartment building or could be acquired by a church seeking new facilities. All reasonable offers will be considered. The property's size and zoning provide substantial potential for a variety of uses. Serious inquiries are encouraged to explore this unique investment opportunity in a desirable Philadelphia location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.