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Residential High-Rise Land Site 990 W Tabor Rd Terrain Vente aux enchères en ligne Philadelphia, PA 19141
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Informations principales sur l'investissement
- 990 W Tabor Road consists of a 0.5-acre corner parcel of raw land zoned CMX-2, supporting the development of mixed-use and residential.
- By-Right development site within Philadelphia County’s Opportunity Zone, ready for 77 multifamily units; 142,800+ households in the 3-mile radius.
- Greater Philly offers educational/medical institutions, diversified employment, a Northeast Corridor location, & ongoing infrastructure investment.
- Prime location 10 miles north of the Philadelphia Center City, blocks from the La Salle University campus Einstein Medical Center.
- Logan, an urban core neighborhood of the city, mixes the energy of a vibrant college atmosphere with a historic, small-town feel.
- Absolute auction | Starting bid $1
Résumé analytique
An excellent investment opportunity awaits at 990 W Tabor Road, where 77 proposed units can be built without the need for a zoning variance.
This prime 21,780-square-foot/ 0.5-acre commercial lot, adjacent to Einstein Hospital, the largest independent teaching hospital in Philadelphia, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Currently, the region's housing supply is on track to expand by 1.9%.
Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriners Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA’s Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia.
Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road multifamily development site.
This prime 21,780-square-foot/ 0.5-acre commercial lot, adjacent to Einstein Hospital, the largest independent teaching hospital in Philadelphia, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Currently, the region's housing supply is on track to expand by 1.9%.
Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriners Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA’s Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia.
Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road multifamily development site.
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- Purchase Agreement
Informations sur l’immeuble
| Type de bien | Terrain | Zone de développement économique [USA] |
Oui
|
| Sous-type de bien | Terrain commercial | Condition de vente | Vente aux enchères |
| Type de vente | Investissement | Type de propriété | Pleine propriété |
| Surface totale du lot | 0,2 ha | ||
| Zonage | CMX2 - Commercial and Mixed-Use District | ||
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Type de vente | Investissement |
| Surface totale du lot | 0,2 ha |
| Zone de développement économique [USA] |
Oui |
| Condition de vente | Vente aux enchères |
| Type de propriété | Pleine propriété |
| Zonage | CMX2 - Commercial and Mixed-Use District |
1 Lot disponible
Lot
| Surface du lot | 0,2 ha | Numéro de parcelle | 885376340 |
| Surface du lot | 0,2 ha |
| Numéro de parcelle | 885376340 |
0.5-acre parcel in raw-land condition zoned CMX-2 supporting Commercial/ Mixed-Use development and supported by Opportunity Zone tax incentives.
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Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Conseiller en vente
Conseiller en vente
Moshe Adika, Real Estate Agent
Moshe has a keen focus on operational excellence. He sets high internal targets and unsurpassed professional management services.
À propos de la technologie des enchères
Les enchères de Ten-X reposent sur une technologie de pointe pour les transactions en ligne dans le secteur de l’immobilier d’entreprise, ayant généré un total de plus de 34 milliards de dollars de transactions. Grâce à l’utilisation de cette technologie avancée et d’informations sur les actifs en temps réel, Ten-X positionne au mieux vos annonces pour trouver l’acquéreur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acquéreurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les brokers, les propriétaires et les investisseurs.
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Contact pour les enchères
Pace Zambito
Contact
Licence du commissaire-priseur :
Ten-X Arlene Richardson RE Broker RB068364. Ten-X Commercial Auction Firm AY002443, Auctioneer Arlene Richardson AU006275
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Frais de transaction 3 %
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de l’enchère gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3 %)
Prix d’achat total
5 150 000 $ USD
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Residential High-Rise Land Site | 990 W Tabor Rd
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Présenté par
Residential High-Rise Land Site | 990 W Tabor Rd
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