1310 S Ringgold St.

1310 S Ringgold St is a vacant lot located in the desirable Point Breeze/Grays Ferry corridor of South Philadelphia. The parcel spans 721 sq. ft. and is zoned RSA5, allowing for single-family residential development by right. With taxes at just $1,648 annually, the property offers a low carry cost for investors and developers.

This site is ideal for ground-up new construction—recent projects in the immediate area show strong resale demand for modern townhomes. Its proximity to Center City, University City, and key transit corridors makes it an attractive location for both buyers and renters.

🏗️ New Construction Comps (within 0.5 mi)

High-end new builds in the area demonstrate significant upside:

• 2018 Ellsworth St — $860,000 • 3 Bed / 3.5 Bath • Modern finishes, strong resale
• 2231 Kimball St — $800,000 • 4 Bed / 3 Bath • Sleek updated construction

👉 These comps suggest new townhomes in this micro-market can realistically sell in the $750K–$1.2M+ range, depending on size, finishes, and layout.

🏡 Land Comps (similar parcels)

Recent land sales confirm demand:

• 2127 Kimball St — $145,000 (0.01 acres)
• 1421 S 21st St — $145,000 (0.02 acres)
• 1533 S Ringgold St — $60,000 (0.02 acres, same block)
• 2118 Fernon St — $47,000 (0.02 acres)

👉 This establishes a baseline land value of $60K–$145K, depending on location and buyer demand.