Property report

245 S Broad St

9,135 sqftCMX5built 1983

Property at a glanceHotel

Lobro Associates

2026 assessment
$260K OPA value, not a listing price
2027 published assessment
$260K 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 $259,600. It is not yet the billed-year tax basis.

$0$250K$500K$260K2016201820202022202420262027
Property assessmentAssessment

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.

Verify the public record

$3,634/year estimated property tax

2026 taxable assessment $259,600 × 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 $259,600. 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 883403502
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

Commercial property

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

What it is
Hotel Air Rights Commercial
Owner
Lobro Associates
$ / sq ft
$28 below the $173 median for 97 hotel parcels citywide
Corridor
Market East city commercial corridor
Interior area
9,135 sqft
Lot size
9,135 sqft
Built
1983
Zoning
CMX5

Recorded owner

Who's behind it

Lobro Associates · corporate / LLC owner

• Owns 10 properties across Philadelphia under this name, assessed at $93M combined
• Tax bills mail to 615 Chestnut St, Philadelphia PA, 19106

Block context

200 block of S Broad St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 245 S Broad St  ·  245 S Broad St

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 10:32 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)