Industrial property report

1508-14 N 5th St

1 story15,858 sqftICMXbuilt 1950

Property at a glanceIndustrial building

Billy Penn Studios LP

2026 assessment
$761K OPA value, not a listing price
2027 published assessment
$951K Future roll, not the current tax bill
Neighborhood area
Olde Kensington · North Philadelphia Approximate · based on ZIP 19122
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 $951,400. It is not yet the billed-year tax basis.

$0$500K$1.0M$951K2006201020142018202220262027
Property assessmentAssessmentL&I violationPermitInspection

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 record14 events · exact dates, newest first
  1. PermitNew construction, addition, GFA change
  2. PermitAlterations
  3. InspectionBP_BLDG
  4. L&I violationWORKMANLIKE- BUILDING CODE
  5. InspectionBP_BLDG
  6. InspectionBC INSP (likely: building-code inspection)
  7. InspectionPRECOURT (likely: pre-court compliance inspection)
  8. L&I violationCOULD NOT ENTER
  9. InspectionBC INSP (likely: building-code inspection)
  10. InspectionPRECOURT (likely: pre-court compliance inspection)
  11. InspectionADMIN INSP (likely: administrative inspection)
  12. InspectionBC INSP (likely: building-code inspection)
  13. InspectionBC INSP (likely: building-code inspection)
  14. InspectionBC INSP (likely: building-code inspection)

Verify the public record

$10,655/year estimated property tax

2026 taxable assessment $761,200 × 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 $951,400. 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 884589500
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 No current conclusion

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

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

Property report

Industrial property

Industrial building, recorded in the City's industrial category. The public record and owner trail follow.

What it is
Industrial building Ind Warehouse Masonry
Owner
Billy Penn Studios LP
$ / sq ft
$60 below the $70 median for 3,574 industrial parcels citywide
Interior area
15,858 sqft
Lot size
15,920 sqft
Stories
1
Built
1950
Zoning
ICMX

Recorded owner

Who's behind it

Billy Penn Studios LP · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $18M combined
• Tax bills mail to 632 N 2nd St Unit 301, Philadelphia PA, 19123

Block context

1500 block of N 5th St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1500-06 N 5th St  ·  1516-54 N 5th 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 14 dated rows
  1. PermitNew construction, addition, GFA change

    Permit ZP-2025-012912 · Amendment Application Incomplete

    For the erection of an addition to an existing structure with a roof deck and pilot house. Size and location as shown in plans.

  2. PermitAlterations

    Permit PP-2023-011493 · Expired

    REPLACE 3/4" BACKFLOW DEVICE

  3. InvestigationBP_BLDG

    Case 571952 · PASSED

    The cited inspection visit was marked passed.

  4. ViolationWORKMANLIKE- BUILDING CODE

    Case 571952 · Violation 4218235 · Code A-104.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  5. InvestigationBP_BLDG

    Case 571952 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  6. InvestigationBC INSP (likely: building-code inspection)

    Case 192958 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  7. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 76922 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  8. ViolationCOULD NOT ENTER

    Case 192958 · Violation 1255586 · Code A.CNE.000 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  9. InvestigationBC INSP (likely: building-code inspection)

    Case 192958 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  10. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 76922 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  11. InvestigationADMIN INSP (likely: administrative inspection)

    Case 76922 · CLOSED

    Legacy inspection shorthand; the title alone does not state what condition was examined. City marked the record closed; open the case for the closing reason.

  12. InvestigationBC INSP (likely: building-code inspection)

    Case 76922 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  13. InvestigationBC INSP (likely: building-code inspection)

    Case 76922 · CLOSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. City marked the record closed; open the case for the closing reason.

  14. InvestigationBC INSP (likely: building-code inspection)

    Case 76922 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 9:32 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)