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

5728 Thomas AveCleared to build

6-unit residential new construction, zoned RSA3.

A 6-unit residential building is set to rise at 5728 Thomas Ave in Kingsessing & Cedar Park, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 8, 2025.

The 5,313 sq ft site is zoned RSA3, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2022 for $150K. The plans call for new construction of a four (4) story building with accessory parking lot for use as six (6) dwelling units as per approved plans. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. work to include underpinning to be monitored by a pa licensed pe at all times. *2018 ibc review* **separate permits required for mep & fire suppression work**.

The owner of record is Golfand Developers 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, 1 other major projects have broken ground since 2022 — roughly 21 units of new supply — including the 21-unit project at 1439 S 58th 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)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
6
Zoning
RSA3
By-right envelope
~4 stories
Lot
5,313 sq ft
Last sale
$150K · 2022
Cleared to build
Dec 8, 2025
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 41 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.

~206buildable units
████████ Street
CMX2 · 0.21 mi away
Max bid to a builder $3.3M · Opportunity Score 96
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~258buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $4.2M · Opportunity Score 96
Unlock →
~228buildable units
████████ Street
ICMX · 0.23 mi away
Max bid to a builder $3.9M · Opportunity Score 95
Unlock →
~225buildable units
████████ Street
ICMX · 0.45 mi away
Max bid to a builder $3.6M · Opportunity Score 95
Unlock →
~65buildable units
████████ Street
CMX2 · 0.22 mi away
Max bid to a builder $878K · Opportunity Score 86
Unlock →
Unlock the 41 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.

21u1439 S 58th St0.18 mi
Progress

How this project is moving

In permitting ~18% complete
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.