The Block Report

Commercial property report

1501 Locust St

1 story4,868 sqftCMX5built 1947

Property at a glanceBank

1501 Locust Commercial LLC

2026 assessment
$3.3M OPA value, not a listing price
2027 published assessment
$2.8M Future roll, not the current tax bill
Neighborhood area
Center City West Approximate · based on ZIP 19102
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 $2,847,700. It is not yet the billed-year tax basis.

$0$2.5M$5.0M$2.8M2016201820202022202420262027
Property assessmentAssessmentCertification

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.

Every dated record8 events · exact dates, newest first
  1. CertificationSprinkler Certification
  2. CertificationFire Alarm Certification
  3. CertificationFire Alarm Certification
  4. CertificationSprinkler Certification
  5. CertificationFire Alarm Certification
  6. CertificationSprinkler Certification
  7. CertificationFacade Report
  8. CertificationFacade Report

Verify the public record

$45,519/year estimated property tax

2026 taxable assessment $3,251,800 × 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 $2,847,700. 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 882896501
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

$126,499.24 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot for 2020–2021. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

$102,587.85 principal$9,910.19 interest$6,657.97 penalty$7,343.23 other charges
2years recorded 2020–2021tax periods Yesactionable flag Nopayment agreement Nobankruptcy flag Noassessment appeal

The snapshot’s 2022 context used $3,250,000 total assessment, $3,250,000 taxable, and $0 exempt/abated. Those historical fields can differ from today’s OPA exemption status.

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

Property report

Commercial property

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

$126K · Jun 2022 delinquency snapshot

What it is
Bank Bank/Off 1 Sty Masonry
Owner
1501 Locust Commercial LLC
$ / sq ft
$585 above the $151 median for 7,668 commercial parcels citywide
Corridor
Market West city commercial corridor
Interior area
4,868 sqft
Lot size
5,400 sqft
Stories
1
Built
1947
Zoning
CMX5

Recorded owner

Who's behind it

1501 Locust Commercial LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $9.5M combined
• Tax bills mail to 301 Yamato Road, Boca Raton FL, 33431 — outside Philadelphia

PA corporate registry ↗OpenCorporates ↗City record ↗

Block context

1500 block of Locust St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1501 Locust St  ·  1507 Locust 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 8 dated rows
  1. CertificationSprinkler Certification

    Certification BC-2026-015171 · Certified

    Expires 2027-06-03

  2. CertificationFire Alarm Certification

    Certification BC-2025-025752 · Certified

    Expires 2026-08-22

  3. CertificationFire Alarm Certification

    Certification BC-2024-022987 · Certified

    Expires 2025-08-13

  4. CertificationSprinkler Certification

    Certification BC-2024-025864 · Certified

    Expires 2025-07-29

  5. CertificationFire Alarm Certification

    Certification BC-2023-024610 · Certified

    Expires 2024-08-24

  6. CertificationSprinkler Certification

    Certification BC-2023-017490 · Certified

    Expires 2024-07-20

  7. CertificationFacade Report

    Certification BC-2021-003987 · Safe with Repair

    Expires 2026-08-24

  8. CertificationFacade Report

    Certification BC-2022-005938 · Safe

    Expires 2021-05-01

Where this comes from
Methodology & freshness

This report was assembled Jul 25, 2026, 12:13 PM 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)