$40,000

1327 W Somerset St Philadelphia, PA 19132

Glenwood Neighborhood

Estimated payment $260/month

Total Views 1,311
0.03 Acre
$1,333,333 Price per Acre
1,224 Sq Ft Lot

About This Lot

Prime Corner CMX-2 Lot – Mixed-Use Development Opportunity in North Philadelphia! Unlock the full potential of 1327 W Somerset Street – a high-visibility corner lot with sought-after CMX-2 zoning, ideal for a mixed-use development in one of Philadelphia’s growing corridors. This property offers the perfect setup for ground-floor commercial space with residential units above, capitalizing on both foot traffic and strong rental demand in the area.

Listing Agent

Ryan Bullock

United Real Estate License #RS367791 Listed on: 04/30/2025

United Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $496

Lot Details

  • 1,224 Sq Ft Lot
  • Lot Dimensions are 17.00 x 72.00
  • Property is zoned CMX2

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 885459980

Property Details

Property Type

Land

Est. Annual Taxes

$496

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Remarks Public: Prime Corner CMX-2 Lot – Mixed-Use Development Opportunity in North Philadelphia! Unlock the full potential of 1327 W Somerset Street – a high-visibility corner lot with sought-after CMX-2 zoning, ideal for a mixed-use development in one of Philadelphia’s growing corridors. This property offers the perfect setup for ground-floor commercial space with residential units above, capitalizing on both foot traffic and strong rental demand in the area.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 32.68
  • Street Number Modifier: 1327

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: SC
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1224.00
  • Year Assessed: 2025
  • Zoning: CMX2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 278.00
  • Tax Annual Amount: 496.00
  • Assessor Parcel Number: 885459980
  • Tax Lot: 99
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $40,000 +14.3% --
04/30/2025 04/30/25 Price Changed $35,000 +40.0% --
04/30/2025 04/30/25 For Sale $25,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2477052

Bright MLS

Pennsylvania Philadelphia County Philadelphia 19132 Glenwood

1327 W Somerset St, Philadelphia, PA

This home is located at 1327 W Somerset St, Philadelphia, PA 19132 and is currently priced at $40,000. 1327 W Somerset St is a home located in Philadelphia County with nearby schools including Thomas M. Peirce School, Strawberry Mansion High School, and Kipp North Philadelphia Academy.

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Ryan Bullock
Listing Agent
Ryan Bullock
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United Real Estate
(215) 509-9510