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5414-22 W Master St 0.64 Acres of Residential Land Offered at $499,000 in Philadelphia, PA 19131

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Investment Highlights

27,935 SF corner assemblage with scale for impactful residential development
Significant value-add potential driven by rising demand and neighborhood transformation

Located in Carroll Park, a rapidly growing West Philadelphia submarket with strong multifamily momentum
Prime location with quick access to Center City and Philadelphia International Airport

Executive Summary

Discover a remarkable investment opportunity in the heart of Carroll Park, Philadelphia! This expansive vacant lot, boasting 27,935 square feet, sits prominently on a corner, providing an ideal canvas for your next development project. West Philadelphia is witnessing a surge in new construction, especially multi-family homes, making it a hotspot for real estate investment. This neighborhood is rapidly transforming, with modern housing attracting a diverse and growing community. This vacant lot is a golden opportunity for visionary developers and savvy investors. Don’t miss out on the chance to be a part of the neighborhood’s exciting growth and transformation. Easy Access to Airport (30 min) and Center City (20 min). Please see the attached document on the surrounding features. Lots Included In the Sale: 5406 Master St ( Tax ID: #885950540), 5408 Master St (Tax ID: #885950780), 5410-12 Master St (Tax ID: #885950800), 5414-22 Master St (Tax ID: #885148504), 1331 N. Conestoga St (Tax ID: #041291205)

Master & Conestoga Flyer

1331 N Conestoga St - ESA Report

Master & Conestoga Land

Property Facts

Price	$499,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	0.64 AC
Zoning	RSA5

Price	$499,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.64 AC
Zoning	RSA5

1 Lot Available

Lot

Price	$499,000	Lot Size	0.64 AC
Price Per AC	$778,108.18

Price	$499,000
Price Per AC	$778,108.18
Lot Size	0.64 AC

Philadelphia. Total combined area of ±27,935 square feet. Accessible to major city hubs including Center City and Philadelphia International Airport. Surrounding area active with new construction and redevelopment initiatives.

Description

Assemblage consists of multiple tax parcels located at 5406-5414 Master Street and 1331 N. Conestoga Street in the Carroll Park neighborhood of Philadelphia. The total area encompasses approximately 27,935 square feet. The site is in proximity to Center City Philadelphia and Philadelphia International Airport via major road systems. The immediate area includes residential neighborhoods undergoing redevelopment and infill projects. The property has frontage along Master Street with corner positioning and secondary access.

1 1

Exceptionally walkable

100/100

Somewhat drivable

30/100

Good public transit

70/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 885950540 041291205 885950780	Improvements Assessment	$0
Land Assessment	$135,700	Total Assessment	$135,700

Property Taxes

Parcel Numbers

Multiple

885950540
041291205
885950780

Land Assessment

$135,700

Improvements Assessment

Total Assessment

$135,700

(267) 243-4652

Contacts

Eric Dvotsky
Jason Rabinovich
Dorothy Menei
Berkshire Hathaway Fox & Roach - Devon-Wayne

Listing ID: 40061843
Date on Market: 4/7/2026
Last Updated:
Address: 5414-22 W Master St, Philadelphia, PA 19131

The Carroll Park Land Property at 5414-22 W Master St, Philadelphia, PA 19131 is currently available. Contact Berkshire Hathaway Fox & Roach - Devon-Wayne for more information.

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5414-22 W Master St, Philadelphia, PA for sale Primary Photo- Image 1 of 17 — Master St lot

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 2 of 17 — 5406 Master St-Full-15

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 3 of 17 — 5406 Master St-Full-14

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 4 of 17 — 5406 Master St-Full-13

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 5 of 17 — 5406 Master St-Full-12

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 6 of 17 — 5406 Master St-Full-11

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 7 of 17 — 5406 Master St-Full-10

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 8 of 17 — 5406 Master St-Full-9

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 9 of 17 — 5406 Master St-Full-8

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 10 of 17 — 5406 Master St-Full-7

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 11 of 17 — 5406 Master St-Full-6

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 12 of 17 — 5406 Master St-Full-5

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 13 of 17 — 5406 Master St-Full-4

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 14 of 17 — 5406 Master St-Full-3

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 15 of 17 — 5406 Master St-Full-2

5414-22 W Master St, Philadelphia, PA for sale Building Photo- Image 16 of 17 — 5406 Master St-Full-1

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5414-22 W Master St

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