In the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic location near major transportation veins like I-95 and Route 1 ensures that you're not just in the mix—you're leading it. But the possibilities don't end there. The property also holds immense potential for residential or multi-family units. Envision developing a community of townhouses or apartments, offering residents a life that marries convenience and comfort. This is a neighborhood people want to live in, with top-notch schools, diverse local culture, and quick access to parks and shopping. Investors, this is more than just a piece of land; it's a ticket to unlimited possibilities in one of Philly's most promising districts. Whether you're targeting the commercial sector or looking to create homes, you can't go wrong with this strategic investment. So don't sit on the sidelines. Step up and take advantage of this extraordinary opportunity to shape Philly's future.
Lot/land
$494,900
550 Allengrove St, Philadelphia, PA 19120
--beds
--baths
0.69Acres
Unimproved Land
Built in ----
0.69 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 689 days
- on Zillow |
- 33 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 06:20am
Listed by:
Craig Lerch 215-778-6805,
EXP Realty, LLC 8883977352
Source: Bright MLS,MLS#: PAPH2279718

Travel times
Facts & features
Property
Lot
- Size: 0.69 Acres
- Dimensions: 429.00 x 70.00
Details
- Parcel number: 885893220
- Zoning: I2
- Zoning description: I2
- Special conditions: Standard
Utilities & green energy
- Sewer: No Septic System
- Water: None
- Utilities for property: Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Lawndale
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $179,400
- Annual tax amount: $2,511
- Date on market: 9/21/2023
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Loading