Commercial property report

1125 Race St

2 stories3,600 sqftCMX4built 1960

Property at a glanceCommercial

Race Parking Associates L

2026 assessment
$1.0M OPA value, not a listing price
2027 published assessment
$928K Future roll, not the current tax bill
Neighborhood area
Washington Square West · Chinatown Approximate · based on ZIP 19107
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $928,200. It is not yet the billed-year tax basis.

$0$1.0M$2.0M$928K2016201820202022202420262027
Property assessmentAssessmentDeed / saleTeardownPermit

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record9 events · exact dates, newest first
  1. PermitMinor Demolition
  2. TeardownDemolished
  3. PermitFull Demolition
  4. PermitAlterations
  5. TeardownDemolished
  6. PermitMinor Demolition
  7. PermitZoning/use
  8. PermitAlterations
  9. Deed / saleDeed / sale $1.3M

Verify the public record

$14,071/year estimated property tax

2026 taxable assessment $1,005,200 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $928,200. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 882917776
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources Record found

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $819.77 and a lien entry. It is shown as historical context only.

2016$819.77 total · $664.33 principal · $15.70 interest · $6.64 penalty

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Property report

Commercial property

Commercial, recorded in the City's commercial category. The public record and owner trail follow.

Historical lien entry · through 2016

What it is
Commercial Str/Off 2 Sty Masonry
Owner
Race Parking Associates L
$ / sq ft
$258 above the $151 median for 7,668 commercial parcels citywide
Interior area
3,600 sqft
Lot size
3,291 sqft
Stories
2
Built
1960
Zoning
CMX4

Recorded owner

Who's behind it

Race Parking Associates L · corporate / LLC owner

• Tax bills mail to C/O Pkwy Corporation 1, Philadelphia PA, 19102

Block context

1100 block of Race St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1123 Race St  ·  1127 Race St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 7 dated rows
  1. PermitMinor Demolition

    Permit DP-2025-000341 · Completed

    FOR THE COMPLETE DEMOLITION OF AN EXISTING MASONRY AND WOOD TWO-STORY STRUCTURE BY HAND METHODS. ALL PERMITTED DEMOLITION ACTIVITY TO BE IN ACCORDANCE WITH APPROVED SITE SAFETY DEMOLITION PLAN & SUCH PLAN TO BE MAINTAINED ON SITE AT ALL TIMES IN ACCORDANCE WITH PHILADELPHIA ADMINISTRATIVE CODE. **COMPLETE SIDEWALK CLOSURE REQUIRED AS REFLECTED ON APPROVED SITE PLAN AND IN ACCORDANCE WITH SECTION 3306 OF THE IBC.** SEPARATE STREET CLOSURE PERMIT REQUIRED PRIOR TO START OF WORK.** ANY DEVIATION WILL REQUIRE AN AMENDED BUILDING PERMIT.**

  2. PermitFull Demolition

    Permit ZP-2024-006034 · Issued

    FOR THE COMPLETE DEMOLITION OF ALL EXISTING STRUCTURES ON THE LOT.

  3. PermitAlterations

    Permit PP-2024-006862 · Completed

    LATERAL SEAL FOR DEMO

  4. PermitMinor Demolition

    Permit 1012071 · Expired

    COMPLETE DEMOLITION OF AN EXISTING SEMI-DETACHED (PARKING LOT ON ONE SIDE) TWO-STORY, MASONRY AND WOOD COMMERCIAL BUILDING BY HAND METHODS. ALL PERMITTED DEMOLITION ACTIVITY TO BE IN ACCORDANCE WITH APPROVED SITE SAFETY DEMOLITION PLAN & SUCH PLAN TO BE MAINTAINED ON SITE AT ALL TIMES IN ACCORDANCE WITH PHILADELPHIA ADMINISTRATIVE CODE. SIDEWALK CLOSURE REQUIRED AS REFLECTED ON APPROVED SITE PLAN AND IN ACCORDANCE WITH SECTION 3306 OF THE IBC. SEPARATE STREET CLOSURE PERMIT REQUIRED PRIOR TO START OF WORK. ANY DEVIATION WILL REQUIRE AN AMENDED BUILDING PERMIT.

  5. PermitZoning/use

    Permit 1012068 · COMPLETED

    FOR THE COMPLETE DEMOLITION OF AN EXISTING STRUCTURE. SIZE AND LOCATION AS SHOWN IN APPLICATION/PLANS. FOR USE TO VACANT LOT.

  6. PermitAlterations

    Permit 1006084 · Expired

    SEAL 5" SEWER LATERAL AND REMOVE TRAP AS PER 2004 PPC

  7. Recorded transfer$1.3M transfer

    2018

Where this comes from

Methodology & freshness

This report was assembled Jul 27, 2026, 4:41 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)