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Tara Hendricks

njrealtortara@gmail.com +1(609) 760-7847

Listed by Moshe Adika • TCS Management, LLC

$ 625,000

Est. payment -/mo

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Active

990 W TABOR RD Philadelphia, PA 19141

0.49 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2550218

Year Built 2024

Annual Tax Amount $4,206

Tax Year 2025

Lot Size 0.493 Acres

Acres 0.49

Lot Dimensions 126.00 x 237.00

Property Sub-Type Land for Commercial Use

Source BRIGHT

Property 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.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 885376340

Ownership Fee Simple

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

8

McKinley School

Public | KG - 6
7

Cedarbrook Middle School

Public | 5 - 8
7

Glenside Elementary School

Public | KG - 4
6

Wyncote Elementary School

Public | KG - 4
5

Myers Elementary School

Public | KG - 4
5

Eugenio Maria de Hostos Charter School

Public | KG - 8
5

Conwell Russell Middle School

Public | 5 - 8
5

Elkins Park School

Public | 5 - 6
5

Cheltenham Elementary School

Public | KG - 4
5

Ad Prima Charter School

Public | KG - 8
5

Northwood Academy Charter School

Public | KG - 8
4

Emlen Elementary School

Public | KG - 5
4

John F. McCloskey School

Public | KG - 8
4

Wissahickon Charter School

Public | KG - 8
4

Mastery Charter School - Francis D. Pastorius Elemen

Public | KG - 8
4

Kipp Philadelphia Charter School

Public | KG - 12
4

Antonia Pantoja Community Charter School

Public | KG - 8
4

Thomas K. Finletter Academics Plus School

Public | KG - 8
4

Grover Washington, Jr. Middle School

Public | 5 - 8
4

Juniata Park Academy

Public | KG - 8

Middle Schools 12

9

Hill J E/Freedman Samson

Public | 6 - 9
4

Mastery Charter School-Pickett Campus

Public | 6 - 12
4

Esperanza Cyber Charter School

Public | 6 - 12
3

Esperanza Academy Charter High School

Public | 6 - 12
3

Mariana Bracetti Academy Charter School

Public | 6 - 12
2

Anna Blakiston Day School

Public | EE - 8
2

The Promise Academy at Roberto Clemente Middle School

Public | 6 - 8
1

Morris E. Leeds Middle School

Public | 6 - 8
1

General Louis Wagner Middle School

Public | 6 - 8
1

Feltonville School of Arts and Sciences

Public | 6 - 8
0

Wyncote Academy

Private | 6 - 12
0

Truebright Science Academy Charter School

Public | 7 - 12

High Schools 20

9

Central High School

Public | 9 - 12
6

Girls High School

Public | 9 - 12
5

Multi-Cultural Academy Charter School

Public | 9 - 12
4

Parkway Northwest

Public | 9 - 12
2

Randolph A. Philip Avt High School

Public | 9 - 12
1

Dobbins Avt High School

Public | 9 - 12
1

Promise Academy at Martin Luther King High School

Public | 9 - 12
1

Act Academy Cyber Charter School

Public | 9 - 12
1

Mastery Charter School at Gratz

Public | 9 - 12
1

Imhotep Institute Chs

Public | 9 - 12
1

Delaware Valley Chs

Public | 9 - 12
1

Edison / Fareira High School

Public | 9 - 12
1

Aspira Olney Charter High School

Public | 9 - 12
1

Mastbaum Jules E Avts

Public | 9 - 12
1

Samuel Fels High School

Public | 9 - 12
0

Mercy Vocational High School

Private | 9 - 12
0

Hope Charter School

Public | 9 - 12
0

Cristo Rey Philadelphia High School

Private | 9 - 12
0

Little Flower Catholic High School

Private | 9 - 12
0

International Christian High School

Private | 9 - 12

School and business data provided by Attom Data.

Tara Hendricks

Managing Broker | License ID: NJ 1537738, PA RS360472

+1(609) 760-7847

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Tara Hendricks

990 W TABOR RD Philadelphia, PA 19141

Key Details

Location

Interior

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Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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990 W TABOR RD