For Sale: Prime 3+ Acre Property with RSD-1 Zoning Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Property Details
Property Features
Listing Office:
Office Name: Brickmatics
Office Phone: (610) 764-5315
Listing Agent: Jay Kamin
Lot Features
Lot Information:
Lot Size: 3.38 Acres
Other
Directions Information:
Directions: Pine Rd and Shady Lane
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $960,000
Tax Information:
Annual Amount: $4,213
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $692.1K more than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2431288
Listing Office:
Office Name: Brickmatics
Office Phone: (610) 764-5315
Listing Agent: Jay Kamin
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Fox Chase Academics Plus School
500 Rhawn St
Distance between this listing and this school0.89 miles
Public District Grades KG-5
8
/10
Rydal Elementary School
1160 Huntingdon Pike
Distance between this listing and this school1.20 miles
Public District Grades KG-6
7
/10
McKinley Elementary School
370 Cedar Rd
Distance between this listing and this school1.64 miles
Public District Grades KG-6
Nearby Schools
10
/10
Joseph J. Greenberg Elementary School
600 Sharon Ln
Distance between this listing and this school1.12 miles
Public District Grades KG-8
8
/10
CCA Baldi Middle School
8801 Verree Rd
Distance between this listing and this school1.25 miles
Public District Grades 6-8
6
/10
Louis H. Farrell School
8300 Castor Ave
Distance between this listing and this school1.88 miles
Public District Grades KG-8
Nearby Schools
5
/10
Tacony Academy Charter School
1300 Rhawn St
Distance between this listing and this school1.47 miles
Public Charter Grades KG-12
4
/10
Northeast High School
1601 Cottman Ave
Distance between this listing and this school2.17 miles
Public District Grades 9-12
8
/10
Lower Moreland High School
555 Red Lion Rd
Distance between this listing and this school2.82 miles
The neighbors living near this home have an average income of $54,878. The majority of Philadelphia, PA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8450 Pine Rd
What is the listing price of this property?
The listing price of 8450 Pine Rd property is $960,000.
What type of property is this?
The property 8450 Pine Rd is land located in Philadelphia, Pennsylvania, 19111.
Is this property for sale now?
Active Listing: 8450 Pine Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,213 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 22, 2009 for $400,000. (source: MLS/tax record).
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This home is located at 8450 Pine Rd in Philadelphia, PA and zip code 19111 in the Bustleton neighborhood. This home sits on a 3.38 acre lot. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $960,000.
Over 218 listings were sold over their listed price in December 2024 in Philadelphia, PA. In the same period over 580 listings were sold below the listed price and 229 listings were sold for the listed price. Between November 2024 and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $267,873.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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