Excellent investment opportunity awaits at 990 W Tabor St, where 77 proposed units can be built without the need for a zoning variance. This prime 16,940 square foot commercial lot, adjacent to Einstein Hospital, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriner’s Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA’s Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia. Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road Multi-Family Development Site.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
35 ft.
Lot depth
125 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Philadelphia County
APN
885376340
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 8, 2023.
RSA-5
/NDO
/NIS
Residential Single-Family Attached-5
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Ninth District Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Property details
Exterior
Property Information
Ownership Interest: Fee Simple
Building Information
Construction Not Completed
Lot Information
Lot Size Dimensions: 126.00 x 237.00
Lot Dimensions Source: Estimated
Tidal Water: No
Land Information
Current Use: Vacant
Farm Information
Farm Land Preservation: No
Financial
Tax Information
City/Town Tax: $1,850
School Tax: $2,355
Tax Assessed Value: $300,500
Tax Year: 2025
Tax Annual Amount: $4,206
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District Source: Listing Agent
Location Information
Directions: Located next to Einstein Hospital
Municipality: PHILADELPHIA
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Philadelphia County
APN: 885376340
Home facts updated by county records on Apr 8, 2023
Other
Listing Information
Automatically Close on Close Date
Around this home
Schools
Howe Julia Ward School
Public K-5 • Assigned • 0.4mi
4/10
Wagner General Louis Middle School
Public 6-8 • Assigned • 1.2mi
3/10
King Martin Luther High School
Public 9-12 • Assigned • 1.8mi
1/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19141
Average low and high temperatures (°F)
37
24
41
27
59
39
68
47
74
56
84
66
90
73
83
65
79
62
70
50
57
41
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
31/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.1 hrs
1.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$283,000 – $343,000
Sell confidently with a local market expert in Philadelphia.