5435 Lancaster Ave Philadelphia, PA 19131
- Industrial land
- 3,331 SF
- 0.37 lot acres
Aug 26, 2024
Current Use by Public Records
- Industrial land
Property Details for 5435 Lancaster Ave
- Lot size
- 0.37 lot acres
- Property size
- 3,331 SF
- Zone code
- ICMX
- Property type
- Industrial land
- APN
- 88-5-9735-20
- APU
- 885973520
Description
This exceptional .37-acre parcel of land, located at 5435 Lancaster Avenue in Philadelphia, Pennsylvania (zip code 19131), presents a unique opportunity for commercial or industrial development. The property boasts approximately 235 feet of prime frontage on the highly trafficked Lancaster Avenue, ensuring excellent visibility and accessibility. Its ICMX zoning designation – Industrial Commercial Mixed-Use (City of Philadelphia) – allows for a wide range of development possibilities, catering to diverse business needs. The single curb cut provides direct and convenient ingress and egress to Lancaster Avenue, simplifying logistics and enhancing operational efficiency. The lot size is precisely 0.37 acres, offering ample space for various projects. Estimated 2022 property taxes were $1,863.13. This strategically located property is ideal for businesses seeking a prominent presence in a bustling Philadelphia neighborhood. Its versatile zoning and convenient access make it an attractive investment for developers and entrepreneurs alike. The property's location offers easy access to major transportation routes, further enhancing its appeal. This is a rare opportunity to acquire a well-situated commercial/industrial land parcel in a thriving area of Philadelphia.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2319
- Latitude
- 39.9798
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
