Opportunity Zone Land Development

  • For Sale $2,200,000
  • Property Type Multi-Family
  • Units 0
  • Lot Size 86,575 SF
  • Additional Rent Contact for pricing
  • Date Updated Dec 21, 2024

Located between Temple University's main campus and Temple University's medical campus, this development project provides the rare opportunity to acquire a property with the ability to attract student tenants from both campuses.

Rarely in this aggressive market does the investment opportunity present itself, where a roughly two acre parcel of undeveloped land, situated in a central urban location, can be acquired for an acquisition cost of less than $25 per square foot. This low acquisition cost facilitates a variety of viable development opportunities.

This site could capitalize on the train stations citywide access via SEPTA's Regional Rail system and its Amtrak link to New York, as well its location barley a half-mile north of Temple University's main campus and just a few blocks south of its Health Sciences Center complex. This site was previously approved for two hundred fifty nine units, for assisted living or market rate housing.

While those approvals have expired, they can be reinstated but would have to go through the variance process again.

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Contacts

broker
Andre Watson

KW Commercial | Philadelphia | Center City

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    79/100 Very Bikeable
Powered by Walk Score ®
  • City Philadelphia, PA
  • Neighborhood Market East
  • Market Philadelphia

Points of Interest

  • 15th Street

    0.01 miles

  • Broad Street Line Entrance

    0.08 miles

  • 13th Street

    0.20 miles

  • Eastbound MFL Entrance

    0.21 miles

  • 15th-16th & Locust

    0.30 miles

  • 12th-13th & Locust

    0.38 miles

  • Jefferson Station

    0.38 miles

  • 8th Street

    0.61 miles

  • 8th & Market

    0.62 miles

  • Chinatown

    0.67 miles

  • Shell

    0.51 miles

  • Sunoco

    0.66 miles

  • Gulf

    0.96 miles

  • Lukoil

    1.26 miles

  • BP gas

    1.36 miles

  • BP

    1.40 miles

  • Liberty

    1.47 miles

  • Blink

    2.06 miles

  • J&H Car Charging Station

    2.24 miles

  • ChargePoint

    2.76 miles

  • LOVE Park Parking Garage

    0.13 miles

  • Midtown Garage

    0.14 miles

  • Convention Center Parking Facility

    0.18 miles

  • The Lift at Juniper

    0.21 miles

  • Convention Center Parking

    0.25 miles

  • 12th and Filbert Garage

    0.25 miles

  • Parkway Building

    0.27 miles

  • Sonesta Hotel Garage

    0.28 miles

  • Impark

    0.30 miles

  • 12th & Walnut Garage

    0.32 miles

  • W Hotel & Element by Westin Philadelphia

    0.09 miles

  • The Ritz-Carlton, Philadelphia

    0.11 miles

  • Residence Inn Philadelphia Center City

    0.16 miles

  • Le Meridien Philadelphia

    0.17 miles

  • The Inn at the League

    0.18 miles

  • The Inn At The Union League

    0.18 miles

  • Westin Philadelphia

    0.18 miles

  • The Notary Hotel

    0.18 miles

  • Aloft Philadelphia Downtown

    0.19 miles

  • Club Quarters Hotel in Philadelphia

    0.19 miles

  • Wok Works

    0.04 miles

  • Express Breakfast & Lunch

    0.05 miles

  • Dunkin'

    0.10 miles

  • Wendy's

    0.10 miles

  • Five Guys

    0.11 miles

  • Del Frisco's Double Eagle Steakhouse

    0.11 miles

  • Popeyes

    0.12 miles

  • Amma's South Indian Cuisine

    0.12 miles

  • Smoothie King

    0.14 miles

  • Auntie Anne's

    0.14 miles

  • Philadelphia Classical School

    0.22 miles

  • Drexel University College of Nursing and Health Professions

    0.26 miles

  • Friends Select School

    0.28 miles

  • Drexel University College Of Medicine

    0.28 miles

  • Thomas R. Kline School of Law

    0.30 miles

  • Drexel University - Center City Campus

    0.35 miles

  • Curtis Institute of Music

    0.39 miles

  • Russell Byers Charter School

    0.41 miles

  • Roman Catholic High School for Boys

    0.42 miles

  • University of the Arts

    0.45 miles

  • Right Steps

    0.29 miles

  • Little Scholars Academy

    0.37 miles

  • Chinatown Learning Center

    0.50 miles

  • Moonstone Preschool

    0.85 miles

  • Chesterbrook Academy Preschool

    1.28 miles

  • Point Breeze Head Start Center

    1.30 miles

  • Shake Rattle Roll Inc

    1.39 miles

  • Caring Center Pre-K

    1.42 miles

  • The Joshua Tree Early Learning Center

    1.43 miles

  • Acelero Learning

    1.68 miles

Frequently Asked Questions

How much does Opportunity Zone Land Development cost?

The space currently listed for sale at Opportunity Zone Land Development asks for $2,200,000.

What is the total square footage of Opportunity Zone Land Development?

Opportunity Zone Land Development totals 37,660 square feet.

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Contact Listing Broker
broker
Andre Watson

KW Commercial | Philadelphia | Center City