Property

Philadelphia, PA 19141 990 W Tabor Road

990 W Tabor Road Philadelphia, PA - Image 1990 W Tabor Road Philadelphia, PA - Image 2990 W Tabor Road Philadelphia, PA - Image 3
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990 W Tabor Road Philadelphia, PA - Image 4
Presented By: TCS Management, LLC
  • MLS# PAPH2336642
  • 03/28/2024
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  • SQFT • 21,464

Home Details

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 Shriners 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 SEPTAs 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.
Presented By: TCS Management, LLC

Interior Features for 990 W Tabor Road

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for 990 W Tabor Road

AccessibilityNone
Association Recreation FeeN
Business TypeOther
CityPHILADELPHIA
Construction MaterialsOther
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsLocated next to Einstein Hospital
FULLFee Simple
HeatingNone
Lot Size Square Feet21464.00
Lot Size UnitsSquare Feet
MLS Area19141 (19141)
ModificationTimestamp2024-12-18T13:14:17
MunicipalityPHILADELPHIA
New ConstructionNo
PossessionSettlement
Price Per Sq Ft Total AG39.6
Property SubtypeLand for Commercial Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount3905.0
Tax Assessed Value279000.0
Tax Lot158
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningCMX2

Exterior for 990 W Tabor Road

Building Area Total21464.00
Land Assessed Value279000.00
Land Use CodeSC
Lot Dimensions126.00 x 237.00
Lot Size Acres0.49
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $850,000
MLS#PAPH2336642
List Date 03/28/2024
Property Type Commercial
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