5315 Market St

Philadelphia, PA 19139

$1,050,000
Price
10,556 / 0.24
Lot Size / Acres

Description

Great development opportunity in a fast appreciating area with new development all around it.
5315-27 market Street is a 116 foot by 91 foot corner lot with CMX-2 zoning allowing a PROPOSED FOUR STORY BUILDING CONTAINING 27 DWELLING UNITS, GROUND LEVEL COMMERCIAL
SPACE AND 9 PARKING SPACES BY RIGHT (No variance needed). It is within a Qualified Opportunity Zone area, creating a variety of possible strategies to capitalize on your investment. Schematic plans available. Building permits still needed.
...Great development opportunity in a fast appreciating area with new development all around it.
5315-27 market Street is a 116 foot by 91 foot corner lot with CMX-2 zoning allowing a PROPOSED FOUR STORY BUILDING CONTAINING 27 DWELLING UNITS, GROUND LEVEL COMMERCIAL
SPACE AND 9 PARKING SPACES BY RIGHT (No variance needed). It is within a Qualified Opportunity Zone area, creating a variety of possible strategies to capitalize on your investment. Schematic plans available. Building permits still needed. Drive by and envision your future project,

Listing Agent

  1. Reda Akbil

    Reda Akbil

    Listing Agent

    Compass

    [email protected]

    P: (267)-205-1369

Property Details for 5315 Market Street

Tax ID Number
871568950
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Expected On Market Date
05-07-2025
Municipality
PHILADELPHIA
Central Air
No
LISTING UPDATED: 06/02/2025 11:11 PM

Property Details for 5315 Market Street

StatusActive
MLS #PAPH2479136
Days on Market37
Taxes$1,791 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.24 AC
CountyPhiladelphia County
Add your commute

Building Information for 5315 Market Street

Lot Size0.24 AC

Payment Calculator

$5,651 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,501

Property Taxes

$149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5315 Market Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19139 (19139)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $128,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $102,400
  • City Town Tax: $788
  • Clean Green Assessed: No
  • Land Use Code: S30
  • Zoning: CMX2
  • Tax Lot: 41
  • School Tax: $1,003
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 116.00 x 91.00
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 1198412
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 5315 Market Street

DateEvent & SourcePriceAppreciation
Jun 2, 2025

Price Change

BRIGHT #PAPH2479136

$1,050,000
May 7, 2025

Listed (Active)

BRIGHT #PAPH2479136

$1,099,000
DateEvent & SourcePrice
06/02/2025

Price Change

BRIGHT #PAPH2479136

$1,050,000
05/07/2025

Listed (Active)

BRIGHT #PAPH2479136

$1,099,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5315 Market Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Locke Alain School
PublicK to 8

West Philadelphia High School
Public9 to 12

The Workshop School
Public9 to 12

Parkway West
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5315 Market Street is a 0.24 ac of land for sale in Philadelphia, PA 19139. This property was listed for sale on May 7, 2025 by Compass, it's currently listed at $1,050,000. This listing's school district is The School District of Philadelphia. Nearby schools include Locke Alain School, West Philadelphia High School and The Workshop School. 5315 Market Street is a 0-bed, 0-bath, 0.24 ac of land on a 10,556 sq. ft. / 0.24 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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