$85,000

Estimated payment $517/month

Total Views 1,159
0.03 Acre
$2,833,333 Price per Acre
1,406 Sq Ft Lot

Highlights

  • Corner Lot
  • No HOA
  • 4-minute walk to Baltimore Avenue And 56Th Street

About This Lot

A perfect investment opportunity to build and develop on a commercial, residential mixed use, CMX2 zoned corner lot on 56th and Walton, in the up and coming Cobb’s Creek Neighborhood. This lot is just west of Walnut Hill/Cedar Park neighborhoods and a short walk from Blanche A. Nixon/Cobbs Creek Library, where the City's Rebuild Program has begun a $6.5 million investment into its park, recreation center, library, new amphitheater, new walking paths and a new play area. A few blocks from Boys Latin Philadelphia Charter School, PHS Christy Pool and Recreation Center and PHMC Public Health Campus on Cedar. Close to great restaurants like Buna Café Philly, Vietnam Cafe, Booker’s Restaurant & Bar and Cleo's Bagels. A three minute drive to the Cobbs Creek Shopping Center, Malcolm X Memorial Park, 5 minute drive to Bartram’s Gardens. The commute is made easy with a one block walk to the 57th St. Bus Stop, 5 blocks to Baltimore Ave.’s Light Rail Station, 15 minute drive to 30th St. Station, University of Pennsylvania and less than 20 minute drive to Center City’s museums, renowned restaurants and Philadelphia International Airport. Build your investment property here! Lot size 19x74, zoned CMX2.

Listing Agent

Jenn Borish

Compass RE Listed on: 06/17/2025

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $566

Lot Details

  • 1,406 Sq Ft Lot
  • Lot Dimensions are 19.00 x 74.00
  • Corner Lot
  • Cleared Lot
  • Property is zoned CMX2, Mixed Use- Commercial, Apartments, Single Family

Utilities

  • Municipal Trash
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Cobbs Creek Subdivision

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 463220900

Property Details

Property Type

Land

Est. Annual Taxes

$566

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • Federal Flood Zone: No
  • Remarks Public: A perfect investment opportunity to build and develop on a commercial, residential mixed use, CMX2 zoned corner lot on 56th and Walton, in the up and coming Cobb’s Creek Neighborhood. This lot is just west of Walnut Hill/Cedar Park neighborhoods and a short walk from Blanche A. Nixon/Cobbs Creek Library, where the City's Rebuild Program has begun a $6.5 million investment into its park, recreation center, library, new amphitheater, new walking paths and a new play area. A few blocks from Boys Latin Philadelphia Charter School, PHS Christy Pool and Recreation Center and PHMC Public Health Campus on Cedar. Close to great restaurants like Buna Café Philly, Vietnam Cafe, Booker’s Restaurant & Bar and Cleo's Bagels. A three minute drive to the Cobbs Creek Shopping Center, Malcolm X Memorial Park, 5 minute drive to Bartram’s Gardens. The commute is made easy with a one block walk to the 57th St. Bus Stop, 5 blocks to Baltimore Ave.’s Light Rail Station, 15 minute drive to 30th St. Station, University of Pennsylvania and less than 20 minute drive to Center City’s museums, renowned restaurants and Philadelphia International Airport. Build your investment property here! Lot size 19x74, zoned CMX2.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 60.46
  • Street Number Modifier: 632

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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 19.00 x 74.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1406.00
  • Year Assessed: 2025
  • Zoning: CMX2
  • Zoning Description: Mixed Use- Commercial, Apartments, Single Family
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • School Tax: 316.00
  • Tax Annual Amount: 566.00
  • Assessor Parcel Number: 463220900
  • Tax Lot: 139
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $101 $40,400 $40,400 --
2024 $101 $40,400 $40,400 --
2023 $101 $7,200 $7,200 $0
2022 $101 $7,200 $7,200 $0
2021 $101 $0 $0 $0
2020 $101 $0 $0 $0
2019 $101 $0 $0 $0
2018 $101 $0 $0 $0
2017 $101 $0 $0 $0
2016 $101 $0 $0 $0
2015 $96 $0 $0 $0
2014 -- $7,200 $7,200 $0
2012 -- $1,344 $1,344 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $85,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $4,100 None Available
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2469204

Bright MLS

APN: 463220900