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Commercial Land
5500 Haverford Avenue Philadelphia, PA 19139
Details & Description
Price: $525,000
    Total of 12,867sf of land in West Philadelphia zone CA-1 / RSA5. Proposed use to Build 34 Apartment Units, no plans or permits in hand. All due diligence the responsibility of the purchaser.The prior building was damaged in a building fire and the existing structure was demolished.Assumptions-34 800sf Apartments @ $1,100 per month rents-Sub 20% Expense Ration with Philadelphia Tax Abatement-Projected NOI: $370,000-Stabilized Value: $5,300,000 @ 7% Cap Rate
    Property Highlights
    Listing Agents
    Beau McGettigan
    KW Commercial
    O: 215-360-3560
    M: 484-459-7882
    bmack@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5500 Haverford Avenue

    Philadelphia, PA 19139

    Listing ID: 270744
    • 5500 Haverford Avenue Philadelphia, PA 19139 | for Sale | Photo 1
    • 5500 Haverford Avenue Philadelphia, PA 19139 | for Sale | Photo 2
    • 5500 Haverford Avenue Philadelphia, PA 19139 | for Sale | Photo 3
    5500 Haverford Avenue | for Sale | Thumbnail 1
    5500 Haverford Avenue | for Sale | Thumbnail 2
    5500 Haverford Avenue | for Sale | Thumbnail 3
    Building Size: --
    Lot Size: 0.295 AC
    Land Size: 12,867 SF
    Building $/SF:
    Land $/SF: $40.80
    Price
    $525,000
    Property Highlights
    Clear and Vacant Lot
    Signalized Corner Location
    High demand for rental units
    Easy access to Center City and i76
    Description

    Total of 12,867sf of land in West Philadelphia zone CA-1 / RSA5. Proposed use to Build 34 Apartment Units, no plans or permits in hand. All due diligence the responsibility of the purchaser.

    The prior building was damaged in a building fire and the existing structure was demolished.

    Assumptions

    -34 800sf Apartments @ $1,100 per month rents

    -Sub 20% Expense Ration with Philadelphia Tax Abatement

    -Projected NOI: $370,000

    -Stabilized Value: $5,300,000 @ 7% Cap Rate

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Commercial Land for Sale

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    Philadelphia Area Market Trends

    Listing Demographics for 5500 Haverford Avenue Philadelphia, PA 19139

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 5500 Haverford Avenue in Philadelphia?
    The asking price for 5500 Haverford Avenue is $525,000
    How much land does the Philadelphia, PA property at 5500 Haverford Avenue include?
    5500 Haverford Avenue in Philadelphia includes 0.295 acres of land
    What kind of Land is the property at 5500 Haverford Avenue?
    The property at 5500 Haverford Avenue Philadelphia, PA 19139 is listed as a Apartment Land Land property
    What is the population within 1 mile of 5500 Haverford Avenue in Philadelphia?
    The population within 1 mile of 5500 Haverford Avenue Philadelphia, PA 19139 is 74,310 people.
    Who do I contact for questions about 5500 Haverford Avenue?
    You should contact the listing agent, Beau McGettigan, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Philadelphia International Airport (PHL) 7
    Newark Liberty International Airport (EWR) 75
    John F Kennedy International Airport (JFK) 90