0.5 acres in Philadelphia County, Pennsylvania

990 W Tabor Road consists of a 0.5-acre corner parcel of raw land zoned CMX-2, supporting the development of mixed-use and residential. By-Right development site within Philadelphia Countys Opportunity Zone, ready for 77 multifamily units; 142,800+ households in the 3-mile radius. Greater Philly offers educational/medical institutions, diversified employment, a Northeast Corridor location, & ongoing infrastructure investment. Prime location 10 miles north of the Philadelphia Center City, blocks from the La Salle University campus Einstein Medical Center. Logan, an urban core neighborhood of the city, mixes the energy of a vibrant college atmosphere with a historic, small-town feel. Absolute auction | Starting bid $1. An excellent investment opportunity awaits at 990 W Tabor Road, where 77 proposed units can be built without the need for a zoning variance. This prime 21,780-square-foot/ 0.5-acre commercial lot, adjacent to Einstein Hospital, the largest independent teaching hospital in Philadelphia, 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. Currently, the region's housing supply is on track to expand by 1.9%. Positioned amid 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 multifamily development site.