The Block Report
← Commercial benchmarks

Philadelphia commercial ledger · OPA category 9

Hotel property

Hotel-classified parcels compared with the City’s other qualifying hotel assessment records. This report shows the citywide per-square-foot benchmark, its distribution, where qualifying parcels concentrate, and the highest assessed-value property records in the category.

See ranked properties ↓

Read the benchmark

What “typical” looks like

Outlier rankings are easier to read when the center is visible. The middle half contains the 25th through 75th percentile of qualifying records.

Assessed value per recorded interior sqft

Each band contains one quarter, one half, and one quarter of the category—not equally sized dollar ranges.

$118Median $173$255

Geography of the category

Where these properties concentrate

Top qualifying ZIPs by parcel count, with each ZIP’s own median assessment per square foot. Open a ZIP for its complete market report.

1ZIP 19107Washington Square West · Chinatown$192median / sqft25 parcels · 25.8% of category · $18M median assessment2ZIP 19103Rittenhouse · Logan Square$240median / sqft16 parcels · 16.5% of category · $36M median assessment3ZIP 19153Eastwick · Airport$121median / sqft13 parcels · 13.4% of category · $9.9M median assessment4ZIP 19106Old City · Society Hill$256median / sqft12 parcels · 12.4% of category · $16M median assessment5ZIP 19102Center City West$115median / sqft9 parcels · 9.3% of category · $21M median assessment6ZIP 19104University City · West Powelton$173median / sqft5 parcels · 5.2% of category · $19M median assessment

Neighborhood names are approximate orientation labels. ZIP and neighborhood boundaries do not match one-to-one; the ZIP remains the comparison geography. ZIP boundaries ↗ · Neighborhood boundaries ↗

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Highest assessed values

Ranked by OPA assessed value among category records with more than 200 recorded interior square feet. Per-square-foot values remain context, not the ranking, because bad area denominators can create extreme ratios.

No. 1 in the Hotels category

1201 Market St

$219M

ZIP 19107 (Washington Square West · Chinatown) · 1,075,580 sqft recorded · $204/sqft assessed · open deeds, permits, violations, taxes, ownership, and sources →
  1. 21441 Chestnut StZIP 19102 (Center City West) · 780,000 sqft recorded · built 2016 · $189/sqft assessed$148Massessed value
  2. 31200 Market StZIP 19107 (Washington Square West · Chinatown) · 631,006 sqft recorded · built 1931 · $143/sqft assessed$90Massessed value
  3. 423-31 N Juniper StZIP 19107 (Washington Square West · Chinatown) · 424,992 sqft recorded · built 1926 · $192/sqft assessed$82Massessed value
  4. 517 S 17th StZIP 19103 (Rittenhouse · Logan Square) · 240,006 sqft recorded · built 1990 · $324/sqft assessed$78Massessed value
  5. 61400 S Penn SqZIP 19102 (Center City West) · 334,050 sqft recorded · built 1910 · $227/sqft assessed$76Massessed value
  6. 7200 S Broad StZIP 19102 (Center City West) · 731,291 sqft recorded · built 1904 · $103/sqft assessed$75Massessed value
  7. 8116-22 S 17th StZIP 19103 (Rittenhouse · Logan Square) · 266,000 sqft recorded · built 1965 · $256/sqft assessed$68Massessed value
  8. 91 Dock StZIP 19106 (Old City · Society Hill) · 256,280 sqft recorded · built 1985 · $259/sqft assessed$66Massessed value
  9. 10233-43 S Broad StZIP 19107 (Washington Square West · Chinatown) · 433,940 sqft recorded · built 1983 · $153/sqft assessed$66Massessed value
  10. 11201l S Christopher Columbus BlvdZIP 19106 (Old City · Society Hill) · 441,600 sqft recorded · built 2000 · $144/sqft assessed$64Massessed value
  11. 121800 Arch StZIP 19103 (Rittenhouse · Logan Square) · 212,310 sqft recorded · built 2018 · $297/sqft assessed$63Massessed value
  12. 131800 Benjamin Franklin PkwyZIP 19103 (Rittenhouse · Logan Square) · 338,200 sqft recorded · built 1983 · $181/sqft assessed$61Massessed value
Show 37 more ranked properties
  1. 14201 N 17th StZIP 19103 (Rittenhouse · Logan Square) · 696,000 sqft recorded · built 1980 · $86/sqft assessed$60Massessed value
  2. 151800 Market StZIP 19103 (Rittenhouse · Logan Square) · 275,500 sqft recorded · built 1972 · $191/sqft assessed$53Massessed value
  3. 163501 Chestnut StZIP 19104 (University City · West Powelton) · 202,880 sqft recorded · built 1975 · $257/sqft assessed$52Massessed value
  4. 17433-41 Chestnut StZIP 19106 (Old City · Society Hill) · 17,648 sqft recorded · built 2012 · $2,756/sqft assessed$49Massessed value
  5. 18400 Arch StZIP 19106 (Old City · Society Hill) · 291,400 sqft recorded · built 1970 · $151/sqft assessed$44Massessed value
  6. 191701-15 Locust StZIP 19103 (Rittenhouse · Logan Square) · 551,838 sqft recorded · built 1926 · $78/sqft assessed$43Massessed value
  7. 2019-25 S 12th StZIP 19107 (Washington Square West · Chinatown) · 110,396 sqft recorded · built 1896 · $388/sqft assessed$43Massessed value
  8. 211700-20 Benjamin Franklin PkwyZIP 19103 (Rittenhouse · Logan Square) · 340,000 sqft recorded · built 1964 · $115/sqft assessed$39Massessed value
  9. 221319-25 Market StZIP 19107 (Washington Square West · Chinatown) · 228,225 sqft recorded · built 1930 · $169/sqft assessed$39Massessed value
  10. 238600l Essington Ave323,248 sqft recorded · built 1994 · $118/sqft assessed$38Massessed value
  11. 241113 Market StZIP 19107 (Washington Square West · Chinatown) · 223,000 sqft recorded · built 1893 · $171/sqft assessed$38Massessed value
  12. 251301-09 Race StZIP 19107 (Washington Square West · Chinatown) · 319,992 sqft recorded · built 2000 · $117/sqft assessed$38Massessed value
  13. 264100 Presidential BlvdZIP 19131 (Wynnefield · West Park) · 178,738 sqft recorded · built 1982 · $209/sqft assessed$37Massessed value
  14. 271200 Arch StZIP 19107 (Washington Square West · Chinatown) · 159,000 sqft recorded · built 1999 · $234/sqft assessed$37Massessed value
  15. 284200 City AveZIP 19131 (Wynnefield · West Park) · 258,000 sqft recorded · built 1965 · $143/sqft assessed$37Massessed value
  16. 293601-51 Walnut StZIP 19104 (University City · West Powelton) · 259,352 sqft recorded · built 1940 · $132/sqft assessed$34Massessed value
  17. 30115-21 S 17th StZIP 19103 (Rittenhouse · Logan Square) · 148,896 sqft recorded · built 1930 · $220/sqft assessed$33Massessed value
  18. 31202 W Rittenhouse SqZIP 19103 (Rittenhouse · Logan Square) · 152,500 sqft recorded · built 1985 · $215/sqft assessed$33Massessed value
  19. 321419a-27 Arch StZIP 19102 (Center City West) · 112,383 sqft recorded · built 1912 · $292/sqft assessed$33Massessed value
  20. 331628-36 Chestnut StZIP 19103 (Rittenhouse · Logan Square) · 124,740 sqft recorded · built 1927 · $249/sqft assessed$31Massessed value
  21. 3429-31 S 19th StZIP 19103 (Rittenhouse · Logan Square) · 130,000 sqft recorded · built 2019 · $231/sqft assessed$30Massessed value
  22. 351001 Intrepid AveZIP 19112 (Navy Yard) · 100,000 sqft recorded · built 2013 · $280/sqft assessed$28Massessed value
  23. 364501 Island AveZIP 19153 (Eastwick · Airport) · 226,764 sqft recorded · built 1972 · $121/sqft assessed$28Massessed value
  24. 37401 Chestnut StZIP 19106 (Old City · Society Hill) · 112,380 sqft recorded · built 1989 · $241/sqft assessed$27Massessed value
  25. 38101-09 N Broad StZIP 19107 (Washington Square West · Chinatown) · 93,428 sqft recorded · built 1916 · $285/sqft assessed$27Massessed value
  26. 39219 S Broad StZIP 19107 (Washington Square West · Chinatown) · 174,230 sqft recorded · built 2013 · $150/sqft assessed$26Massessed value
  27. 40120 N Christopher Columbus BlvdZIP 19106 (Old City · Society Hill) · 87,000 sqft recorded · built 1987 · $283/sqft assessed$25Massessed value
  28. 414201 Island AveZIP 19153 (Eastwick · Airport) · 192,000 sqft recorded · built 1985 · $118/sqft assessed$23Massessed value
  29. 42135 S 18th StZIP 19103 (Rittenhouse · Logan Square) · 84,000 sqft recorded · built 1927 · $258/sqft assessed$22Massessed value
  30. 431305-11 Walnut StZIP 19107 (Washington Square West · Chinatown) · 256,596 sqft recorded · built 1964 · $84/sqft assessed$21Massessed value
  31. 44140 S Broad StZIP 19102 (Center City West) · 182,835 sqft recorded · built 1863 · $115/sqft assessed$21Massessed value
  32. 459000 Bartram AveZIP 19153 (Eastwick · Airport) · 96,500 sqft recorded · built 1989 · $201/sqft assessed$19Massessed value
  33. 464109 Walnut StZIP 19104 (University City · West Powelton) · 110,157 sqft recorded · built 2012 · $173/sqft assessed$19Massessed value
  34. 47261 S 13th StZIP 19107 (Washington Square West · Chinatown) · 49,200 sqft recorded · built 1900 · $365/sqft assessed$18Massessed value
  35. 489455-73 E Roosevelt BlvdZIP 19114 (Torresdale) · 101,592 sqft recorded · built 1972 · $128/sqft assessed$13Massessed value
  36. 491401 E Susquehanna AveZIP 19125 (Fishtown · East Kensington) · 29,738 sqft recorded · built 1925 · $421/sqft assessed$13Massessed value
  37. 501225-29 Vine StZIP 19107 (Washington Square West · Chinatown) · 42,540 sqft recorded · built 1925 · $284/sqft assessed$12Massessed value

Ask what the roll cannot settle.

Open the cited analyst to compare a specific address with this category, examine its permits and violations, or identify which current City records should be verified before underwriting.

Method: OPA parcels in category code 9, assessed above $10,000 and with more than 200 recorded interior sqft. Category $/sqft statistics use every qualifying record; property rows rank assessed value from highest to lowest, with parcel number breaking ties. Area labels are approximate and do not replace parcel or zoning research. Office of Property Assessment ↗