Property

Philadelphia, PA 19111 8450 Pine Road

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Presented By: Brickmatics
  • MLS# PAPH2300998
  • 11/29/2023
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Home Details

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.
Presented By: Brickmatics

Interior Features for 8450 Pine Road

Other Interior Features

Street SuffixROAD

General for 8450 Pine Road

Additional Parcels Y/NNo
Buyer Agent Compensation2.5
Buyer Agent Compensation Type% Of Base
CityPHILADELPHIA
Clean Green Assessed Y/NNo
CountyPHILADELPHIA
Current UseResidential, Land/Lot Only
Days on Market209
DirectionsPine Rd and Shady Lane
HOA / Comm AssnNo
Lot Size Square Feet147306.00
Lot Size UnitsSquare Feet
MLS Area19111 (19111)
ModificationTimestamp2024-06-24T14:17:53
MunicipalityPHILADELPHIA
Percent OwnershipFee Simple
PossessionImmediate
Possible UseDevelopment
Price Per Sq Ft Total AG6.72
Property SubTypeLand
Property TypeLand
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerOn Site Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount7001.0
Tax Assessed Value500200.0
Tax Lot38
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningRSD1

Exterior for 8450 Pine Road

Land Use CodeC28
Lot Dimensions509.00 x 328.00
Lot Size Acres3.38
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $990,000
MLS#PAPH2300998
List Date 11/29/2023
Property Type Land
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