Philadelphia, PA 19111 8450 Pine Road

8450 Pine Road Philadelphia, PA - Image 18450 Pine Road Philadelphia, PA - Image 28450 Pine Road Philadelphia, PA - Image 3
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8450 Pine Road Philadelphia, PA - Image 4
Presented By: Brickmatics
  • MLS# PAPH2447450
  • 02/21/2025
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  • Garage • 3

Home Details

PLEASE READ CAREFULLY According to the proposed plan, Parcel B (newly created vacant lot) will be 83,400.5 sq. ft. The zoning is RSD1 and would be subdivided by-right into five parcels for single family detached dwellings. Parcel B is being offered for $499,000, subject to the approved subdivision. It is not approved for subdivision yet, however. Parcel A has an existing 3200 sq foot house on a 54,835.8 sq. ft. property. This can also be subdivided by-right into five parcels which would require demolishing the existing house. If a buyer wants to keep the house, you can still subdivide the property into three additional parcels to build single family detached dwellings. Parcel A will also be offered for $499,000, subject to the approved subdivision. It is not approved for subdivision yet, however. Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This property is also being listed in MLS #: PAPH2431288 as is, as one parcel fr $955,000. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Presented By: Brickmatics

General for 8450 Pine Road

Additional Parcels Y/NNo
CityPHILADELPHIA
Clean Green Assessed Y/NNo
CountyPHILADELPHIA
Current UseLand/Lot Only
DirectionsPine Rd and Shady Lane
DisclosuresUse and Occupancy Permit, Other
HOANo
Lot Size Square Feet83400.50
Lot Size UnitsSquare Feet
MLS Area19111 (19111)
ModificationTimestamp2025-02-23T12:06:41
MunicipalityPHILADELPHIA
OwnershipFee Simple
PossessionImmediate
Possible UseDevelopment
Price Per Sq Ft Total AG5.98
Property SubtypeLand
Property TypeLand
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerNo Septic System
Standard StatusActive
StatusACTIVE
Tax Annual Amount7001.0
Tax Assessed Value500200.0
Tax Lot38
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningRSD1

Exterior for 8450 Pine Road

Land Use CodeC28
Lot Size Acres1.91
Lot Size SourceEstimated
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourceNone
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $499,000
MLS#PAPH2447450
List Date 02/21/2025
Property Type Land
Phone 703.929.4729
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