FOR SALE0.49 ACRES
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Description
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 Shriner’s 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 SEPTA’s 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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
65 days ago
Home Details for 990 W Tabor Rd
Exterior Features |
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Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 65 |
Property Information |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building No Additional Parcels |
Property Information Parcel Number: 885376340 |
Price & Status |
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Price List Price: $1,000,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: ACTIVE |
Location |
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Direction & Address City: Philadelphia |
School Information Elementary School District: The School District Of PhiladelphiaJr High / Middle School District: The School District Of PhiladelphiaHigh School District: The School District Of Philadelphia |
Agent Information |
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Listing Agent Listing ID: PAPH2324716 |
HOA |
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No HOA |
Lot Information |
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Lot Area: 0.49 acres |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To Sell |
Compensation |
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Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $Transaction Broker Commission: 0Transaction Broker Commission Type: $ |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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Mls Number: PAPH2324716Municipality: PHILADELPHIA |
Last check for updates: about 8 hours ago
Listing courtesy of Moshe Adika, (267) 210-3080
TCS Management, LLC, (215) 383-1439
Source: Bright MLS, MLS#PAPH2324716
Price History for 990 W Tabor Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/22/2024 | $1,000,000 | Listed For Sale | Bright MLS #PAPH2324716 |
| 02/17/2024 | ListingRemoved | Bright MLS #PAPH2298440 | |
| 12/21/2023 | $875,000 | PriceChange | Bright MLS #PAPH2298440 |
| 11/17/2023 | $999,999 | Listed For Sale | Bright MLS #PAPH2298440 |
| 07/12/2023 | $1,200,000 | ListingRemoved | Bright MLS #PAPH2233176 |
| 05/08/2023 | $1,200,000 | Listed For Sale | Bright MLS #PAPH2233176 |
| 12/14/2022 | $90,000 | Sold | Bright MLS #PAPH2112418 |
| 11/17/2022 | $90,000 | Pending | Bright MLS #PAPH2112418 |
| 06/27/2022 | $90,000 | PendingToActive | Bright MLS #PAPH2112418 |
| 05/21/2022 | $90,000 | Pending | Bright MLS #PAPH2112418 |
| 05/04/2022 | $90,000 | Listed For Sale | Bright MLS #PAPH2112418 |
| 03/25/2019 | $109,000 | ListingRemoved | Agent Provided |
| 02/22/2019 | $109,000 | Listed For Sale | Agent Provided |
| 06/05/2018 | $29,999 | ListingRemoved | Agent Provided |
| 11/17/2017 | $29,999 | PriceChange | Agent Provided |
| 10/02/2017 | $28,999 | PriceChange | Agent Provided |
| 09/27/2017 | $29,999 | PriceChange | Agent Provided |
| 08/16/2017 | $34,900 | PriceChange | Agent Provided |
| 07/17/2017 | $37,500 | PriceChange | Agent Provided |
| 06/21/2017 | $39,999 | PriceChange | Agent Provided |
| 06/14/2017 | $49,999 | PriceChange | Agent Provided |
| 05/19/2017 | $59,999 | Listed For Sale | Agent Provided |
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Comparable Sales for 990 W Tabor Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.73 | Lot/Land | $280,000 | 05/18/23 | - | - | ||
0.49 | Lot/Land | $20,000 | 07/24/23 | - | - | ||
0.50 | Lot/Land | $20,000 | 07/24/23 | - | - | ||
0.42 | Lot/Land | $8,100 | 08/02/23 | - | - | ||
1.20 | Lot/Land | $110,000 | 11/21/23 | - | - | ||
0.92 | Lot/Land | $23,250 | 08/30/23 | - | - | ||
1.40 | Lot/Land | $580,000 | 05/05/23 | - | - | ||
1.49 | Lot/Land | $205,000 | 01/26/24 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Logan
- Anonymous Y
- Prev. Resident
- 2mo ago
"None at all… it’s unsafe…. Matter of the whole East,North,South and West Philadelphia is unsafe… It’s help and the city are ignoring the problem. This needs to be RESOLVED IMMEDIATELY and fast…"
- Trulia User
- Visitor
- 5mo ago
"It’s a nice a neighborhood to be in to walk your dog and go to the park the transportation center is near by there’s local stores and Chinese stores in the area as well & on top of that theirs multiple shopping centers you can pick and choose from"
- Trulia User
- Resident
- 6mo ago
"Dog owners don’t pick up after their dogs. There are no park nearby parks in the area so I have to drive my dog to the closest park "
- Trulia User
- Resident
- 7mo ago
"Dangerous area because of septa transportation center to many crimes committed in the area. Nothing unique about this area "
- Trulia User
- Prev. Resident
- 8mo ago
"If you are planning on having children or already have children, this is not the area to raise a family."
- Wkay1640
- Prev. Resident
- 1y ago
"I used to live in the area. His street has always been a clean street and sort of quiet. It's just across the park area- the other side were it more noise and shooting and crime takes place. There trying to makeover the neighborhood. I wish them luck. "
- Trulia User
- Prev. Resident
- 1y ago
"I've lived in this neighborhood in the past & still visit around there worth no problems, I have Family & Friends who still reside in that area I believe it's very safe!"
- Trulia User
- Resident
- 2y ago
"This is good for lower to middle class. But this is not the area to grow old in. There's to much crime (Drugs, robbery) in this area. There is a mixture of good hoke owners in this area. But the renters bring down the area. "
- Trulia User
- Resident
- 2y ago
"I see people walking their dogs. most do use bags and scoopers to pick up after their dogs. I would be nice if their were more local parks to take the dogs."
- Trulia User
- Visitor
- 2y ago
"beautiful neighborhood. I really like to live there with my family because is a very quiet neighborhood. "
- Trulia User
- Prev. Resident
- 2y ago
"very easy to get to and not far from public transportation. I would recommend this to anyone who likes to live close to a main street."
- Trulia User
- Resident
- 2y ago
"this area is great for public transportation. this is one of the better features of living in the Olney section. also it is popular for it's businesses as well."
- Trulia User
- Resident
- 2y ago
"public transportation at times take a long time to come buses are too crowded where I wait for the bus someti.es does not feel safe "
- Trulia User
- Prev. Resident
- 2y ago
"Commuting is by public transit is the most popular method in this area. SEPTA is extremely reliable and accessible. "
- Trulia User
- Resident
- 2y ago
"This neighborhood is not safe or neighborly. There are no safe parks available. The community does not maintain a clean and friendly environment. "
- Trulia User
- Visitor
- 3y ago
"I would suggest anyone thinking of buying a home in this area to get a video plumbing inspection of the sewer pipes as part of your inspection."
- Charlesjonathan313
- Resident
- 3y ago
"They should like the area. The area is very nice, maintained enough for living, nice place to walk and go running "
- Rochelle R.
- Resident
- 3y ago
"Very short walk to broad street line and other buses. easy commute to center city and neighboring suburbs "
- Anais S.
- Prev. Resident
- 3y ago
"People are selling drugs everywhere, people are shooting everyday, it’s a bad neighborhood. I rarely even sit on the steps around here. "
- Jennifer P.
- Resident
- 3y ago
"Not many areas to walk dogs. Some areas are not very clean. Not safe to walk dogs after evening hours. Areas are not well kept. I am trying to take up one hundred characters. This area needs a lot of improvements. People come and dump junk like toilets and beds in the area. People are slow to clean up after themselves. It seems drugs are a issue in this area "
- Bree G.
- Resident
- 3y ago
"It’s a good neighbor, tons of schools, jobs and public transportation is definitely a plus. Walking distance for stores and parks as well. A little crime, but it’s not outrageous "
- Danell F. .
- Resident
- 3y ago
"It's a family oriented neighborhood. Most people are friendly and they watch out for each other. As with any neighborhood you have your crazy stuff that goes on but for the most part this is a cool neighborhood. "
- Kaugustin
- Resident
- 3y ago
"We have cookouts at times during the summer time. That’s about it Other than that I live on the nice part of logan"
- Zaynahbethinc
- Resident
- 3y ago
"The street I live on is deserted. Hardly space to walk the sidewalk. My commute to work is via Uber, although the train station is right there, it’s super sketchy at night."
- Trulia User
- Resident
- 3y ago
"Take your time when you move here be very careful who you make friends with if you do any shopping do it during the day a lot of drug dealers hang around the store "
- Mellissa W.
- Resident
- 3y ago
"5/10 minute walk to public transportation,train station,schools,corner stores,beer house and food markets."
- Trulia User
- Resident
- 4y ago
"Block party Muslims have cooked food festivals convention love the police involved activists and police officers who patrol our street "
- Maria S.
- Resident
- 4y ago
"poor school in the neighborhood. but prime real estate due to being down street from LaSalle colledge"
- Khandice H.
- Resident
- 4y ago
"The trash on some blocks, and the fact that it’s not particularly much grass or woodland for a dog to run loose. Otherwise, I see no issue."
- Trulia User
- Resident
- 4y ago
"The eid my the Muslim community and the police pal league and summer clean up and after school programs and church summer school "
- Crownedbynaomi
- Resident
- 4y ago
"We have one it was a community block party called “Logan Day” but i dont even think they still have that anymore"
- Aziz A.
- Resident
- 4y ago
"Logan has grown to be a very dangerous place. High crime In Logan. From drug sales/users to unsolved homicides and daytime shootings. The neighborhood is very geographical and anti social towards new people. This has been one the worst places I have ever lived in and would not recommend any one to move in this location. You can raise a family in this environment. Very unsafe. Car break ins and vandalism."
- Krystal L.
- Resident
- 4y ago
"There are a lot of cats around here so you may encounter issues with them and your dog. There are people with dogs around here though and they are pretty cool."
- Trulia User
- Resident
- 4y ago
"Nothing very unsafe and streets are dangerous and lots of traffic and shootings and young people hanging in front of store "
- Nsen0427
- Resident
- 4y ago
"That Logan has gotten so bad. We need to move out of here ASAP. I lived here all of my life and I hated it now. "
- Jazmearross
- Resident
- 5y ago
"Dog owners would enjoy it, I am a dog owner and my dog enjoys walks through the neighborhood just like any other dog"
- Tasha T.
- Resident
- 5y ago
"The genuine people make it unique—the park cookouts, the laughs."
- Trulia User
- Prev. Resident
- 5y ago
"It's close to public transportation. Therefore, it's easy to get on the sub and get to work, and get my child to school, and avoid the morning rush traffic."
- Nsen0427
- Resident
- 5y ago
"Nothing makes this neighborhood unique. Well not anymore, so many changes and too much noise. Can’t wait to move out!! "
- Roland F.
- Resident
- 5y ago
"I've looked this favorite 3 years problems transportation is conveniently nearby Need a car to go shopping"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Moshe Adika, TCS Management, LLC
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.