- – beds
- – baths
- – sqft
- 1,550 sqft lot
Prime Development Opportunity | Rittenhouse Square | CMX-5 Zoned | Two Consolidated Lots An exceptional opportunity for visionary developers and investors in one of Philadelphia’s most prestigious and sought-after neighborhoods—Rittenhouse Square. This offering includes two consolidated lots zoned CMX-5, the city’s most permissive commercial zoning designation, allowing for maximum building height and density as permitted by code. Located just steps from Rittenhouse Square, this site is surrounded by luxury residential towers, premier retail, fine dining, and cultural attractions. Whether you’re looking to develop a flagship mixed-use tower, boutique hotel, high-end condominium, or corporate headquarters, the potential here is limitless. ✔️ CMX-5 zoning – tallest allowable building class in Philadelphia ✔️ Two adjacent lots – already consolidated ✔️ Development plans and architectural drawings available ✔️ High-foot traffic, affluent area with strong market demand ✔️ Easy access to transit, universities, hospitals, and Center City business district Don’t miss this rare opportunity to secure a footprint in one of the city’s most iconic neighborhoods. Inquire today for detailed plans and additional due diligence materials.
Last checked:
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Last updated Jul 10, 2025
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MLS# PAPH2514332 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Immediate
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Lease Considered:No
Location
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Directions:From S 18th Str left turn to Ranstead Str
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Cross Street:S 18th Str
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Latitude:39.95242667
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Longitude:-75.17082477
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:31.00 x 50.00
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Lot Dimensions Source:Estimated
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Lot SqFt:1,550 Sqft
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Additional Parcels:Yes
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Additional Parcels:2 Lots Consolidated
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Zoning:CMX5
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:RA
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 275-1400
- Office phone:
- (215) 354-0100
Taxes
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Tax ID Number:881000186
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Tax Year:2024
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Tax Lot:43
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Tax Annual Amount:$5,194
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Tax Assessed Value:$371,100
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Year Assessed:2025
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School Tax:2909.0
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City/Town Tax:2285.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Rittenhouse Square
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/9/25
Jul 9, 2025
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Listed / Active | BRIGHT | $2,599,999 |