990 W Tabor Road Philadelphia, PA $ 1,000,000
990 W Tabor Road
$ 1,000,000
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990 W Tabor Road

Philadelphia, PA, 19141
$ 1,000,000
Baths0.0 Sq 21,464

Monthly Estimate*

$ 6,646

990 W Tabor Road, Philadelphia, PA 19141 - Image 1
990 W Tabor Road, Philadelphia, PA 19141 - Image 2
990 W Tabor Road, Philadelphia, PA 19141 - Image 3
990 W Tabor Road, Philadelphia, PA 19141 - Image 4
990 W Tabor Road, Philadelphia, PA 19141 - Image 5
Studio

Commercial Property for sale in Philadelphia, PA

for $1,000,000. This 21,464 square foot building was built in 2024 on a lot size of 0.49.

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.

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Commercial Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,905

Style

Lot Size

0.49

Year Built

2024

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2336642

Features
Interior
Heating Fuel None
Hot Water None
Street Suffix ROAD
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning CMX2
Construction Materials Other
Year Built 2024
Property SubType Land for Commercial Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Other
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located next to Einstein Hospital
City PHILADELPHIA
Buyer Agent Compensation 3
MLS Area 19141 (19141)
Lot Size Square Feet 21464.00
Waterfront Y/N N
Street Name TABOR
Tax Annual Amount 3905.0
Price Per Sq Ft Total 46.59
Vacation Rental Y/N N
Days on Market 52
Standard Status Active
Year Built Source Estimated
Tax Lot 158
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 21464.00
Lot Dimensions 126.00 x 237.00
Lot Size Acres 0.49
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 279000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 990
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* Excluded Features
List By
Tcs Management, Llc

Broker

moshe@tcsmgt.com

Email

Affordability Calculator

$6,972
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$325
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$1,000,000 Listed Price

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990 W Tabor Road, Philadelphia, PA, 19141 is a Commercial Property for sale at $1,000,000 with 21,464 sqft and a lot size of 0.49. 990 W Tabor Road is a studio with 0.0 baths and was built in 2024. The property's zip code is 19141 which is in Philadelphia, PA