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    Property profile & analytics

    248 Market St, Unit 50 Philadelphia, PA 19106-2875

    • Apartment buildings
    • 10,248 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-2906124
    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

    • Citizens ATM / Atm
    • Citizens / Atm / Bank
    • Citizens Bank / Bank / Atm

    Property Details for 248 Market St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    10,248 SF
    Zone code
    CMX3
    Property type
    Apartment buildings
    APN
    88-1-0070-27
    APU
    881007027

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1456
    Latitude
    39.9499
    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
    $33,496
    $717,870
    $1,675,030
    $2,392,900
    -
    $717,870
    $1,675,030
    $2,392,900

    Comparable in this City

    • Value Estimation by Request

      113 Arch St, Unit P4A

      APARTMENT HOUSE (5+ UNITS)
      113 Arch St, Philadelphia, PA 19106-2003
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      6,444 SF

      703 Walnut St

      APARTMENT HOUSE (5+ UNITS) • 6,444 SF
      703 Walnut St, Philadelphia, PA 19106-3238
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      17,832 SF

      532 Spruce St, Unit 36

      APARTMENT HOUSE (5+ UNITS) • 17,832 SF
      532 Spruce St, Philadelphia, PA 19106-4145
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      6,624 SF

      711 Pne St

      APARTMENT HOUSE (5+ UNITS) • 6,624 SF
      711 Pne St, Philadelphia, PA 19106-4021
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      4,772 SF

      325 Pne St

      APARTMENT HOUSE (5+ UNITS) • 4,772 SF
      325 Pne St, Philadelphia, PA 19106-4228
      View Details
    • Value Estimation by Request
      59,000 SF

      24 Bank St, Unit 30

      APARTMENT HOUSE (5+ UNITS) • 59,000 SF
      24 Bank St, Philadelphia, PA 19106-2825
      View Details

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    Property Visit Statistics

    • Visits by month
      5.7k
    • Visitors by month
      3.6k
    • Avg Time on site
      15 min
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    Philadelphia, PA 19106-2875
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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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