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



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)
Property Facts
| Price | $499,000 | Property Subtype | Industrial |
| Sale Type | Investment | Total Lot Size | 0.64 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $499,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 0.64 AC |
| Opportunity Zone |
Yes |
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 |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $105,700 | Total Assessment | $105,700 |
Property Taxes
Parcel Numbers
Land Assessment
$105,700
Improvements Assessment
$0
Total Assessment
$105,700
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