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    1431 Vernon Rd, Unit 35 Philadelphia, PA 19150-2119

    • Retail space
    • 6,900 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $875,000
    Last Sale
    May 15, 2023
    $935,000
    Location Intelligence
    Property ID
    US73-1378875
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATM / Atm
    • Miguel Marcus Grocery / Grocery Store
    • M&F Super Market / Grocery Store / Supermarket

    Property Details for 1431 Vernon Rd

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property size
    6,900 SF
    Zone code
    CMX1
    Property type
    Retail space
    APN
    88-2-9249-25
    APU
    882924925

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $785,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,010,000
      6.5%
      $905,000
      7%
      $1,035,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,025,000
      Geo Method
      $1,065,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $925,000
      Retail
      $945,000
      Mixed-Use
      $955,000
      Hospitality
      $885,000
      Educational
      $1,105,000
      Residential Income
      $915,000
      Energy
      $1,090,000
      Income-Based Land
      $915,000
      Food Service
      $1,100,000

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1673
    Latitude
    40.0736
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,147
    $159,254
    $637,046
    $796,300
    -
    $159,254
    $637,046
    $796,300

    Comparable in this City

    • Value Estimation by Request
      846 SF

      8313 Stenton Ave

      RETAIL STORES (PERSONAL SERVICES) • 846 SF
      8313 Stenton Ave, Philadelphia, PA 19150-3413
      View Details
    • Value Estimation
      $315,000
      1,733 SF

      1527 Wadsworth Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,733 SF
      1527 Wadsworth Ave, Philadelphia, PA 19150-1620
      View Details
    • Value Estimation
      $140,000
      1,210 SF

      1447 Vernon Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,210 SF
      1447 Vernon Rd, Philadelphia, PA 19150-2119
      View Details
    • Value Estimation
      $240,000
      1,958 SF

      1505 Wadsworth Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,958 SF
      1505 Wadsworth Ave, Philadelphia, PA 19150-1615
      View Details
    • Value Estimation
      $400,000
      4,426 SF

      1603 Wadsworth Ave, Unit 7

      RETAIL STORES (PERSONAL SERVICES) • 4,426 SF
      1603 Wadsworth Ave, Philadelphia, PA 19150-1019
      View Details
    • Value Estimation
      $270,000
      2,103 SF

      8201 Stenton Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,103 SF
      8201 Stenton Ave, Philadelphia, PA 19150-3525
      View Details

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    • $17 SF/Yr
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      Philadelphia Industrial Retail Space

      9,000 SF Industrial Retail Space in Philadelphia
      1433 Vernon Rd, Philadelphia, PA 19150
      View Details
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    Philadelphia, PA 19150-2119
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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
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