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    Property profile & analytics

    508 Martin St Philadelphia, PA 19128-1619

    • Apartment buildings
    • 5,412 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-4322653
    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

    • Phoenix Auto Tags / Auto Tag Agency / Driver And Vehicle Licensing Agency

    Property Details for 508 Martin St

    Year built
    2014
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    5,412 SF
    Zone code
    CMX2.5
    Property type
    Apartment buildings
    APN
    88-1-1059-50
    APU
    881105950

    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
    -75.2132
    Latitude
    40.0323
    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
    $751
    $0.00
    $0.00
    $536,600
    -
    $0.00
    $0.00
    $536,600

    Comparable in this City

    • Value Estimation by Request
      23,494 SF

      414 Fountain St

      APARTMENT HOUSE (5+ UNITS) • 23,494 SF
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    • Value Estimation by Request
      25,000 SF

      6619 Rdg Ave

      APARTMENT HOUSE (5+ UNITS) • 25,000 SF
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    • Value Estimation
      $385,000
      3,930 SF

      146 Sumac St

      APARTMENT HOUSE (5+ UNITS) • 3,930 SF
      146 Sumac St, Philadelphia, PA 19128-3854
      View Details
    • Value Estimation
      $415,000
      3,587 SF

      132 Sumac St

      APARTMENT HOUSE (5+ UNITS) • 3,587 SF
      132 Sumac St, Philadelphia, PA 19128-3844
      View Details
    • Value Estimation
      $320,000
      6,681 SF

      131 Sumac St, Unit 33

      APARTMENT HOUSE (5+ UNITS) • 6,681 SF
      131 Sumac St, Philadelphia, PA 19128-3849
      View Details
    • Value Estimation
      $615,000
      3,860 SF

      5118 Rochelle Ave

      APARTMENT HOUSE (5+ UNITS) • 3,860 SF
      5118 Rochelle Ave, Philadelphia, PA 19128-3800
      View Details

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    Similar Nearby for Lease

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      Retail Space in Community Center

      Retail space available in high-volume community shopping center.
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      Highly Visible Retail Space Available

      Retail space with ample parking and dedicated main entrance.
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    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      1.7k
    • Avg Time on site
      30 min
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    508 Martin St
    Philadelphia, PA 19128-1619
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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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