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990 W Tabor Rd 0.49 Acres of Commercial Land Offered at $625,000 in Philadelphia, PA 19141

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PROPERTY FACTS

Price $625,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.49 AC
Opportunity Zone Yes
Zoning CMX2 - CMX-2 zoning is a commercial and mixed-use district primarily intended for smaller-scale commercial development

1 LOT AVAILABLE

Lot

Price $625,000
Price Per AC $1,267,748.48
Lot Size 0.49 AC

DESCRIPTION

Excellent investment opportunity awaits at 990 W Tabor St, where 77 proposed units can be built without the need for a zoning variance. This prime 16,940 square foot commercial lot, adjacent to Einstein Hospital, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriner’s Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA’s Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia. Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road Multi-Family Development Site.

Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
885376340
Land Assessment
$300,500
Improvements Assessment
$0
Total Assessment
$300,500
  • Listing ID: 38152412

  • Date on Market: 10/21/2025

  • Last Updated:

  • Address: 990 W Tabor Rd, Philadelphia, PA 19141

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990 W Tabor Rd

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