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5827 Morris st 0.49 Acres of Industrial Land Offered at $1,100,000 in Philadelphia, PA 19144
Investment Highlights
- Land Investment Opportunity
- Established Philadelphia address with long-term value potential
- Suitable for hold, reposition, or redevelopment scenarios
- Flexible site for redevelopment or adaptive reuse
- Ideal for investors seeking a customizable property strategy
- Compact footprint supports efficient site planning
Executive Summary
Property Facts
| Price | $1,100,000 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.49 AC |
| Property Type | Land | ||
| Zoning | CMX-2 and CMX-3 | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 0.49 AC |
| Zoning | CMX-2 and CMX-3 |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.49 AC |
| Price Per AC | $2,265,103.61 |
| Price | $1,100,000 |
| Price Per AC | $2,265,103.61 |
| Lot Size | 0.49 AC |
This 1,720 SF parcel offers a flexible footprint suited for redevelopment, or long-term hold strategies. The property provides a tangible existing structure that may support adaptive reuse or serve as a foundation for future site planning.
Description
The property is zoned CMX-2 and CMX-3, providing flexibility for a variety of mixed-use and multifamily development concepts, subject to applicable approvals. The lot is ±21k SF, with a ±1,700 SF commercial building on site. Up to 53 units could be built by-right based on CMX-2 zoning (with a green roof bonus); while up to 66 units could be built based on CMX-3 zoning per a feasibility study conducted by a local architect. (Buyer to conduct their own diligence on zoning and density calculations.) With favorable zoning, meaningful tax incentives, and a location within one of Northwest Philadelphia’s established and growing neighborhoods, 5827 Morris Street represents an exceptional opportunity for developers and investors seeking to deliver a high-quality mixed-use project in a supply-constrained market.
