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    508-10 Diamond St Philadelphia, PA 19122

    Picture of Residential land & home lots at Diamond St 508-10, Philadelphia, PA
    For Sale
    $269,900

    LAND - PHILADELPHIA, PA

    Lot size:
    0.02 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 508-10 Diamond St

    General Information

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

    Re/max Access (215) 400-2600 [email protected]

    Listing agent Aws Abdelaziz (267) 546-7777 License #RS346341

    Listing date Aug 28, 2025

    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

    Shovel-Ready Development Opportunity

    This shovel-ready development opportunity is located in the Temple University/Old Kensington area. The double lot at 508-510 Diamond Street comes with approved plans and permits for the construction of four residential units, allowing for immediate commencement of building. The property is situated amidst ongoing redevelopment and new construction, benefiting from strong rental demand generated by Temple University and the surrounding neighborhoods. Its location provides convenient access to public transportation, major routes, and the increasing amenities of Old Kensington and Fishtown. This site presents potential for long-term value and cash flow. It is suited for builders or investors seeking a fully entitled project in a growing Philadelphia market.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -75.14257813
    Latitude
    39.98273087

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    FAQs

    What type of property is this?
    Residential land & home lot - Approved plans and permits for four residential units in Philadelphia.
    Where is this residential land & home lot located?
    The property is located at 508-10 Diamond St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Shovel-ready development opportunity with approved plans and permits for four residential units.; - Bypasses lengthy zoning and approval process, allowing immediate construction.; - Located in the Temple University/Old Kensington corridor, surrounded by ongoing redevelopment and new construction.
    (267) 546-7777
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    508-10 Diamond St Philadelphia, PA 19122
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    Philadelphia, PA 19122
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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
    508-10 Diamond St Philadelphia, PA 19122
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