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    1947 E Somerset St Philadelphia, PA 19134

    New
    For Sale
    $55,000

    LAND - PHILADELPHIA, PA

    Lot size:
    0.03 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 1947 E Somerset St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.03 Acres

    FineHill LLC (215) 648-2187 [email protected]

    Listing agent Kimberly K Merriman (215) 648-2187 License #RM422783

    Listing date Dec 1, 2025

    MLS# PAPH2563512 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Land Site in Philadelphia

    This is a corner land site located in Philadelphia, Pennsylvania. The lot size is approximately 0.03 acres. The property is situated at 1947 E SOMERSET Street, PHILADELPHIA, PA 19134.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.12058258
    Latitude
    39.98950195

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    FAQs

    What type of property is this?
    Land - Desirable corner site available in Philadelphia, Pennsylvania.
    Where is this land located?
    The property is located at 1947 E Somerset St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Desirable corner site; - Ready to go; - Location coordinates provided
    (215) 648-2187
    Request Owner's contact information
    1947 E Somerset St Philadelphia, PA 19134
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    Philadelphia, PA 19134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1947 E Somerset St Philadelphia, PA 19134
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