Prime Development Opportunity – Raw Land in University City This hidden gem is a rare chance for savvy investors and developers to secure a high-value property in one of the most rapidly gentrifying neighborhoods adjacent to University City. Located within walking distance to Drexel University and UPenn, this parcel offers unmatched convenience and accessibility. With I-76 just minutes away, you’re only 5 minutes from the Philadelphia Museum of Art, 15 minutes from Center City, and 30 minutes from King of Prussia. It is also just 2 minutes from the rapidly developing Lancaster Avenue, home to a vibrant mix of restaurants, cafés, and bars. Surrounded by major developments and large-scale multi-unit projects, this lot sits on a wide street with ample parking, a huge advantage when applying for a zoning variance (2-4 units are common in the area). New multifamily constructions here are valued between $850K and $1.2M, making this a golden opportunity for builders and investors. With the market at its bottom and interest rates expected to drop soon, now is the time to act. Opportunities like this are rare, and this could be a true once-in-a-lifetime investment. Don’t miss out—once it’s gone, it’s gone!
Lot/land
$75,000
3928 Parrish St, Philadelphia, PA 19104
--beds
--baths
1,115Square Feet
Unimproved Land
Built in ----
1,115 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Adjacent to university citySurrounded by major developments
- 150 days
- on Zillow |
- 13 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2025 at 06:41am
Listed by:
Damon Michels 610-731-9300,
KW Main Line - Narberth 6106683400,
Listing Team: Damon Michels Team, Co-Listing Team: Damon Michels Team,Co-Listing Agent: Joshua M. Pagan 631-741-4138,
KW Main Line - Narberth
Source: Bright MLS,MLS#: PAPH2452970

Travel times
Facts & features
Property
Lot
- Size: 1,115 Square Feet
- Dimensions: 15.00 x 74.00
Details
- Parcel number: 243141800
- Zoning: RSA5
- Special conditions: Standard
Utilities & green energy
- Sewer: No Sewer System
- Water: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $33,800
- Annual tax amount: $473
- Date on market: 3/7/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Loading