8450 Pine Road
$960,000
147,306 / 3.38
Description
For Sale: Prime 3+ Acre Property with RSD-1 Zoning
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...For Sale: Prime 3+ Acre Property with RSD-1 Zoning
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.
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...For Sale: Prime 3+ Acre Property with RSD-1 Zoning
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.
Property Details for 8450 Pine Road
Tax ID Number
632193210
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirNo
Construction CompletedNo
LISTING UPDATED: 12/31/2024 03:03 PM
Property Details for 8450 Pine Road
Status | Active |
---|---|
MLS # | PAPH2431288 |
Days on Market | 7 |
Taxes | $7,001 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 3.38 AC |
County | Philadelphia County |
Building Information for 8450 Pine Road
Building Size-Lot Size3.38 AC
Property Information for 8450 Pine Road
Property History for 8450 Pine Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8450 Pine Road
Taxable ValueLand$101,280Additions$405,120Total$506,400
Tax Record2024$7,089 ($591 / month)
Home Facts
Beds0Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories2Lot Size147,306 SqFtStyleSingle Family ResidenceYear Built1959ZoningRSD1CountyPHILADELPHIAAPN63-2-1932-10
Schools near 8450 Pine Road
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Greenberg Joseph School PublicK to 8 | ||
Washington George High School Public9 to 12 | ||
Swenson Arts & Technology High School Public9 to 12 | ||
Science Leadership Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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