212 Diamond Street

Philadelphia PA 19122

0.44 ac.

Land

Currently for sale - view listing

Overview

20,000 square foot corner lot available at the corner of N American and Diamond Street. This area is booming with construction and redevelopment of former industrial zoned parcels, and offers very attractive after-tax benefits being in a Qualified Opportunity Zone. The attached pro forma documents detail nearby developments for comparison. This listing is comprised of two separate tax parcels totaling 20,000 square feet with three street frontages on N American, Diamond, and N Philip Street. Both parcels are owned by the same entity. Two mirror-image buildings were recently approved at 1705-41 N American totaling 180 residential units and commercial ground floor space on 40,000 sq ft of land. Attached pro forma assumes half this size development on 20,000 sq ft of land. Buyer is responsible for their own due diligence. Land is being sold as-is.

Features

0.44 ac. lot size

Land

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