Located at 1231 S 27th St in Philadelphia, PA 19146, this corner lot zoned CMX2 offers an exceptional opportunity in the thriving Grays Ferry neighborhood. Spanning a prime location, this lot boasts significant potential for various development projects and investment ventures. Conventionally positioned at the intersection of S 27th St and Oakford street, there is decent exposure- providing a favorable investment for both commercial and residential endeavors. Factoring in the generous size and location of the lot, as well as the potential to build a multi-story structure, the opportunity to build retail spaces, offices, and/or residential units is readily available. The Grays Ferry neighborhood itself adds to the potential of this property. This has become a sought-after destination for residents and businesses alike. Within walking distance to both Wharton Square and D. Finnegan Playgrounds, as well as local eateries such as The Tasty Toast, Krunch Inn, 22nd stCafe, the area continues to expand and evolve. Don't miss out on this prime opportunity. This Property is being sold through an Act 135 conservatorship action. All prior structures were recently demolished. The Property is now a vacant lot, and the order to approve its sale will be a free and clear order.