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2453-57 N Park Ave 0.11 Acres of Commercial Land Offered at $225,000 in Philadelphia, PA 19132
Investment Highlights
- CMX-2 Zoned Development Lot: 4,728 sq ft vacant parcel (approx. 48’ x 99’) with flexible commercial, residential, or mixed-use potential
- Exceptional Location & Demand Drivers: One block off Broad Street in the rapidly growing Templetown neighborhood & minutes from Temple University
- Value-Add Upside: Conceptual potential for up to eight residential units plus one commercial space, subject to buyer verification
Executive Summary
Seize this exceptional investment opportunity in the rapidly expanding Templetown neighborhood, just one block off Broad Street and minutes from Temple University’s vibrant campus. 2453-57 N Park Ave is a 4,728 sq ft vacant CMX-2 zoned lot (approximately 48x99 ft), offering a highly versatile development canvas suitable for commercial, residential, or mixed-use projects. Conceptually, the site could accommodate eight residential units and one commercial space, aligning well with the strong rental and retail demand that continues to define this submarket. Investors and developers are advised to verify all development possibilities by consulting with their architect and professional team to review plans, confirm feasibility, and determine the full scope of what may be achievable on this site. Positioned in a high-demand rental corridor marked by rising property values, strong occupancy rates, and proximity to major anchors, including Temple University Hospital, the Broad Street Line, SEPTA bus routes, and a variety of local dining and conveniences, this parcel offers significant upside for those seeking a value-add development opportunity. Opportunities of this caliber are rare in one of Philadelphia’s fastest-growing neighborhoods. Contact us today to explore development possibilities and schedule a site visit!
Property Facts
| Price | $225,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.11 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Zoning | CMX2 | ||
| Price | $225,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.11 AC |
| Opportunity Zone |
Yes |
| Zoning | CMX2 |
1 Lot Available
Lot
| Price | $225,000 | Lot Size | 0.11 AC |
| Price Per AC | $2,064,220.18 |
| Price | $225,000 |
| Price Per AC | $2,064,220.18 |
| Lot Size | 0.11 AC |
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (82)
Property Taxes
| Parcel Number | 371289100 | Improvements Assessment | $0 |
| Land Assessment | $158,900 | Total Assessment | $158,900 |
Property Taxes
Parcel Number
371289100
Land Assessment
$158,900
Improvements Assessment
$0
Total Assessment
$158,900
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2453-57 N Park Ave
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