Patterson-Schwartz Real Estate8450 Pine Road, Philadelphia, PA 19111-1387 $955,000
Description
For Sale: Prime 3+ Acre Property with RSD-1 Zoning, 3200 sq foot home with 3 parking garages. Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Lot Dimens: 509.00 x 328.00
Front Footage:
School Dist: The School District Of Philadelphia
Condo Assoc: No
Features
Utilities
Well Water, On Site Septic
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Public Elementary (59 schools)
Public Middle (14 schools)
Public High (18 schools)
Private (71 schools)
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This report is a detailed community overview for Philadelphia (19111), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 35
- Average salary of people in this community: $39,206
Community Summary
- Population Density (ppl / mile): 14,094
- Household Size (ppl): 2.78
- Households w/ Children: 70%
Housing Inventory
- Owned: 13,936 (52.8%)
- Rented: 10,315 (39.1%)
- Vacant: 2,155 (8.2%)
- Total: 26,406
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 6.4%
- Some High School: 8.5%
- High School Graduate: 35.3%
- Some College: 18.7%
- Associate Degree: 6.7%
- Bachelor's Degree: 16.8%
- Graduate Degree: 7.6%
Income by dollar range
Median Income: $51,051
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $774
- One Bedroom: $840
- Two Bedroom: $1,026
- Three Bedroom: $1,334
- Four Bedroom: $1,399
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-5195
Listing Courtesy of: Brickmatics , (610) 764-5315
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 3/20/2025.
