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.

    1-Mile 3-Miles 5-Miles
    Total Population74,310368,365906,754
    Population Median Age363637
    Population by Age0-9 Yrs11162 (15%)45289 (12%)103854 (11%)
    10-19 Yrs10789 (14%)52816 (14%)107130 (11%)
    20-29 Yrs12219 (16%)74832 (20%)177735 (19%)
    30-39 Yrs8737 (11%)47903 (13%)142647 (15%)
    40-49 Yrs8165 (10%)39059 (10%)99291 (10%)
    50-59 Yrs8892 (11%)42194 (11%)106192 (11%)
    60-69 Yrs7796 (10%)35608 (9%)89687 (9%)
    70+ Yrs6550 (8%)30664 (8%)80217 (8%)
    Median HH Income$30,921$40,589$51,535
    Total Household Income< 24K11780 (43%)46714 (34%)102808 (28%)
    25-49K7097 (26%)32337 (23%)75141 (20%)
    50-74K3865 (14%)21314 (15%)56095 (15%)
    75-99K2051 (7%)13004 (9%)37800 (10%)
    100-199K1959 (7%)17195 (12%)64187 (17%)
    200K+160 (0%)6500 (4%)27550 (7%)
    Highest Education LevelNo Diploma65572835770749
    Diploma or GED1842070993171647
    Some College128314657299424
    Assoc. Degree25971241532753
    Bachelors Degree460739868132912
    Higher Degree213934896113378
    Total Housing Units33,301162,529421,406
    --Owner-Occupied12,84864,996182,024
    --Renter-Occupied14,06572,068181,557
    Owner-Occupied Values< 100K84282459245543
    100-199K31522115250470
    200-299K672663830518
    300-399K192361819845
    400-499K202275111390
    500K+200624624257
    Total Working Age Population56,142295,678744,665
    In Work Force30,560172,392469,587
    Not In Work Force25,582123,286275,078
    Workforce Employed26,928157,179433,640
    Workforce Unemployed3,63215,14635,776
    Civlian Workforce30,560172,325469,416
    Military Workforce068171
    Total Households26,913137,065363,581
    Family Households15,00472,589182,893
    Non-Family Households11,90964,476180,688
    Married Couple3,89532,513101,791
    Other Family11,10940,07681,103
    Married w/Child1,25911,95138,377
    Single Male w/Child6592,8176,446
    Single Female w/Child4,66316,65731,967

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Camden County508,932+1513,6570511,800+2521,000
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Delaware County550,864+1558,979+5588,436+6622,307
    Montgomery County750,097+7799,874+5838,883+6891,868
    Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    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.

    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 propery 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.

    Closest Commercial Airports

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