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Property profile & analytics
OFF-MARKET
Commercial real estate

1828 32Nd St Philadelphia, PA 19121

0.04 ac lot
Property ID
US73-1487643
Property summary
AI-generated overview

This exceptional 0.04-acre commercial land parcel, located at 1828 N 32nd St in Philadelphia, Pennsylvania, presents a compelling investment opportunity. Situated in the rapidly developing Strawberry Mansion neighborhood, this fee simple property offers significant potential for various development projects. The lot, identified by APN 323321000, is zoned RSA5, providing flexibility for a range of uses. Given its dimensions of approximately 16 feet by 100 feet, the site is well-suited for single-family or multi-family residential construction. The land's value is assessed at $1,875,000 per acre, reflecting the high demand in this area. The asking price for this strategically located property is $60,000. Nearby developments, including the construction of 26 luxury units with garages priced over $800,000, underscore the neighborhood's upward trajectory and the potential for strong returns on investment. This is a rare chance to acquire a well-positioned lot in a thriving Philadelphia neighborhood. The property's zip code is 19121, and its precise coordinates are latitude 39.9846041 and longitude -75.1864686. This offering is a truly remarkable opportunity for discerning investors seeking a foothold in a dynamic and promising market.

Property profile
Verified
Property type Commercial real estate
Lot 0.04 ac (1,742 SF)
APN 323321000
UPID US73-1487643
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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