Fully approved and entitled mixed-use development opportunity in Philadelphia’s highly sought-after Fairmount neighborhood. Situated along the rapidly evolving Ridge Avenue corridor, this rare shovel-ready project offers investors and developers the ability to break ground immediately in one of the city’s most desirable residential and mixed-use markets. The site is strategically positioned with convenient access to Center City, the Philadelphia Museum of Art, University City, and several of Philadelphia’s most vibrant neighborhoods. Its central location continues to attract strong demand from professionals, healthcare workers, graduate students, and long-term market-rate tenants seeking an urban lifestyle with neighborhood charm. With a projected end value approaching $5 million, the project presents a compelling opportunity to capitalize on Philadelphia’s ongoing growth and limited supply of fully entitled development sites. As development opportunities become increasingly scarce in prime locations, 1640 Ridge Avenue stands out as a true gem—offering certainty, scale, and immediate execution potential. Pro Forma, Plans, and Permits available upon request.
Lot/land
$1,150,000
1640 Ridge Ave, Philadelphia, PA 19130
--beds
--baths
2,045Square Feet
Unimproved Land
Built in ----
2,045 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Central locationPrime location
- 1 day |
- 12 |
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Zillow last checked:
Listing updated:
Listed by:
Eugene Zlotnikov 856-214-5397,
Acquisition Team LLC 8562145397
Source: Bright MLS,MLS#: PAPH2630726
Facts & features
Property
Lot
- Size: 2,045 Square Feet
- Dimensions: 20.00 x 102.00
Details
- Parcel number: 885143960
- Zoning: CMX25
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $293,400
- Annual tax amount: $4,107
- Date on market: 6/10/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,551/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $1,150,000 |
Source: | ||
| 5/4/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/12/2021 | Listed for rent | $1,000 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Francisville
Nearby schools
GreatSchools rating
- 5/10Waring Laura W SchoolGrades: PK-8Distance: 0.4 mi
- 2/10Franklin Benjamin High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.







