$55,000

Property Description

Exceptional Investment Opportunity for Builders and Developers!** Large 15 x 64 ft vacant lot ideally situated near Frankford Avenue and Somerset Avenue in Philadelphia's rapidly developing Kensington area. Surrounded by new construction, major redevelopment projects, and continued investment, this location offers exciting potential for your next development project. Nearby activity includes Kensington Courts near Frankford Avenue and Lehigh Avenue, a major school redevelopment along Frankford Avenue, and the development at 2200 E. Somerset Avenue. Additional new construction is transforming surrounding blocks, including Coral, Auburn, William, and Amber Streets. Capitalize on the momentum of a neighborhood experiencing significant revitalization and position yourself in an area attracting ongoing development. **Bring your builder, explore the location, and evaluate the potential. Drive by today!** Buyer to perform their own due diligence regarding zoning, permitted uses, building plans, and development feasibility.

Property Facts & Features

Property Type

Land

Status

Active

Listed

Oct 21, 2026

ZIP Code

19134

Property Tax (2026)

$592/yr

Assessed Value

$42,300

Last Sold

$52,000 · Apr 7, 2025

Neighborhood

Richmond

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.98832 · Lng -75.11919