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Property profile & analytics
OFF-MARKET
Industrial land

5435 Lancaster Ave Philadelphia, PA 19131

3,331 SF 0.37 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US73-5352627
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Total area 3,331 SF
Lot 0.37 ac (16,170 SF)
Zoning code ICMX
APN 88-5-9735-20
UPID US73-5352627
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
5435 Lancaster Ave LLC · 1 yrs held
5435 Lancaster Ave LLC
since 2024
Last sale
$300,000
2 recorded transactions
2024
$300,000
2000
$60,000
Zoning & alternative use
ICMX · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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