Market Insights  /  Kingsessing & Cedar Park
Development Watch · Kingsessing & Cedar Park

1241 S 52nd StCleared to build

4-unit residential new construction, zoned RSA5.

A 4-unit residential building is set to rise at 1241 S 52nd St in Kingsessing & Cedar Park, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 17, 2021.

The 1,485 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2021. The plans call for for new construction of a three-story wood-frame attached structure on reinforced concrete footings/foundations with a roof deck and roof deck access structure. for use as multi-family household living for four(4) dwelling units throughout. building shall be fully sprinklered as per 13r. separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc.** prior to issuance of c.o submittal of air barrier checklist and envelope testing certificate is required. both to be completed by an approved party**any deviation to the approved scope of work will require an amended permit**.

The owner of record is Junk Property 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, 2 other major projects have broken ground since 2022 — roughly 27 units of new supply — including the 15-unit project at 5222 Chester Ave, the 12-unit project at 4820 Chester Ave. 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)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
4
Zoning
RSA5
By-right envelope
~3 stories
Lot
1,485 sq ft
Last sale
2021
Cleared to build
Dec 17, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 88 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.

~220buildable units
████████ Street
ICMX · 0.46 mi away
Max bid to a builder $3.5M · Opportunity Score 95
Unlock →
~118buildable units
████████ Street
CMX2 · 0.43 mi away
Max bid to a builder $1.9M · Opportunity Score 93
Unlock →
~137buildable units
████████ Street
ICMX · 0.36 mi away
Max bid to a builder $2.3M · Opportunity Score 92
Unlock →
~93buildable units
████████ Street
CMX2 · 0.43 mi away
Max bid to a builder $1.4M · Opportunity Score 91
Unlock →
~85buildable units
████████ Street
CMX2 · 0.43 mi away
Max bid to a builder $1.4M · Opportunity Score 90
Unlock →
Unlock the 88 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

15u5222 Chester Ave0.08 mi
12u4820 Chester Ave0.26 mi
Progress

How this project is moving

In permitting ⚠ Status unclear — no recent activity
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.