This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
212 Diamond
Philadelphia, PA 19122
N American & Diamond · Land For Sale
·
0.44 AC
Investment Highlights
- Vacant corner lot on N American, surrounded by new development all around
- Full street frontage around N American, Diamond, and N Philip.
Property Facts
| Property Type | Land | Total Lot Size | 0.44 AC |
| Property Subtype | Commercial | Cross Streets | N American St |
| Proposed Use | Mixed Use | ||
| Zoning | ICMX and RSA5 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.44 AC |
| Cross Streets | N American St |
| Zoning | ICMX and RSA5 |
Description
20,000 square foot corner lot available at the corner of N American and Diamond Street. This area is booming with construction and redevelopment of former industrial zoned parcels, and offers very attractive after-tax benefits being in a Qualified Opportunity Zone. The attached pro forma documents detail nearby developments for comparison. This listing is comprised of two separate tax parcels totaling 20,000 square feet with three street frontages on N American, Diamond, and N Philip Street. Both parcels are owned by the same entity. Two mirror-image buildings were recently approved at 1705-41 N American totaling 180 residential units and commercial ground floor space on 40,000 sq ft of land. Attached pro forma assumes half this size development on 20,000 sq ft of land. Buyer is responsible for their own due diligence. Land is being sold as-is.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $232,000 | Total Assessment | $232,000 |
Property Taxes
