4-unit residential new construction, zoned RM1.
A 4-unit residential building is set to rise at 4641 Lesher St in Frankford & Juniata, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 3, 2025.
The 2,546 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2025 for $47K. The plans call for for new construction of an attached building with cellar. building to be fully sprinklered with nfpa 13. separate permits required for mechanical, electrical, plumbing and fire suppression.
The owner of record is Coleman Greenville Partners LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.
It isn't rising in isolation. Within a half-mile, 3 other major projects have broken ground since 2022 — roughly 69 units of new supply — including the 9-unit project at 4452 Griscom St, the 16-unit project at 4814-18 Griscom St, the 44-unit project at 4912 Griscom St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.
We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 256 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.
Unlock the 256 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.