Frankford Development Site

4080 Frankford Ave Philadelphia, PA 19124

4080 Frankford Ave, Philadelphia, PA, 19124
4080 Frankford Ave, Philadelphia, PA, 19124
FOR SALE
Property Type:
Other Land
Amount:
$1,225,000
Last Verified:
Mar 25, 2021


Description

This property also has an address of 4076 Torresdale Ave, both addresses are contiguous. Located at a signalized intersection, there is frontage on two primary arteries.

In the heart Frankford

Lot Size: 1.57 acres

Map of 4080 Frankford Ave, Philadelphia, PA, 19124

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.