Property report

500s Market St

40,000 sqftbuilt 2006

Property at a glanceCommercial

Septa

2025 assessment
$430K OPA value, not a listing price
2027 published assessment
$459K Future roll, not the current tax bill
Neighborhood area
Old City · Society Hill Approximate · based on ZIP 19106
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 $459,300. It is not yet the billed-year tax basis.

$0$500K$1.0M$459K200720112015201920232027
Property assessmentAssessmentAppealPermit

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 record7 events · exact dates, newest first
  1. PermitNew Construction
  2. PermitAddition and/or Alteration
  3. AppealBuilding standards appeal
  4. PermitElectrical
  5. PermitElectrical
  6. PermitNew construction
  7. PermitElectrical

Verify the public record

$4,614/year estimated property tax

2025 taxable assessment $329,600 × 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 $459,300. It is not the 2025 billed-year value.

Current City balanceCheck Tax Center

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

OPA 875100650
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2025 OPA taxes $329,600 of $429,600 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

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

Not a house

Commercial. A $0 assessment-based estimate does not prove the live Tax Center account has no prior-period balance or other charges.

What it is
Commercial Misc Rr Sta Masonry
Owner
Septa Public / institutional
$ / sq ft
$11 below the $151 median for 7,668 commercial parcels citywide
Corridor
Old City city commercial corridor
Interior area
40,000 sqft
Lot size
40,000 sqft
Built
2006

Recorded owner

Who's behind it

Septa · corporate / LLC owner

• Owns 295 properties across Philadelphia under this name, assessed at $217M combined
• Tax bills mail to 1234 Market St, Philadelphia PA, 19107

Block context

500 block of Market St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 530 Market St  ·  501-35 Market 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. PermitNew Construction

    Permit 934411 · Issued

    FOR THE INSTALLATION OF FOUR PLENUM FANS, TWO EXHAUST FANS, FOUR UNIT HEATERS, THREE SPLIT SYSTEMS PTAC UNITS, AND ASSOCATED DUCTWORK AND REGISTERS/DIFUSSERS IN ACCORDANCE WITH APPROVED PLANS. **SEPARATE PERMITS REQUIRED FOR PLUMBING AND ELECTRICAL**

  2. PermitAddition and/or Alteration

    Permit 896935 · Issued

    FOR ALTERATIONS TO THE 5TH STREET MARKET-FRANKFORD LINE (MFL) TRANSIT STATION, WITH FOCUS ON INSTALLATION ON NEW DOORS AND FARE GATES BETWEEN THE CONCOURSE AND THE TRANSIT PLATFORM. BBS CASE NO 34992. PROVISOS: - ALL MAGNETIC LOCKS CAN BE RELEASED FROM A SINGLE EMERGENCY PULL - THE MAGNETIC LOCKS WILL ALL BE TESTED ANNUALLY AS PART OF SEPTA'S AUTHORITY WIDE FIRE ALARM INSPECTION PROGRAM. THE TEST WILL VALIDATE THE FUNCTION OF THE LOCKS BOTH DURING AN ALARM ACTIVATION AND DURING A LOSS OF POWER EVENT.

  3. AppealBuilding standards appeal

    Appeal 34992 · OPEN

    Related permit 896935 · ON 09/05/2018, THE DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED A NOTICE OF REFUSAL FOR APPLICATION #896935.

  4. PermitElectrical

    Permit 463011 · COMPLETED

    REPLACE 8 TURNSTILES WITH NO ADD'L WIRING 2 NEW TURNSTILES 2 NEW ADA FAREGATES 4 NEW FARE VENDING MACHINES REWIRE 0 24V MAGNETIC MARGATES MODIFY 11 CKTS TERMINATE 5 BREAKS INSTALL 1 NEW FO CABINET. ALL WORK DONE IN ACCORDANCE WITH 2008 NEC.

  5. PermitElectrical

    Permit 304289 · COMPLETED

    INSTALL POWER FOR TWO ELEVATORS AND ADDITIONAL LIGHTING AS PER 2008 NEC (CC DIST)

  6. PermitNew construction

    Permit 247382 · COMPLETED

    CONSTRUCT ELEVATORS @ NORTH AND SOUTH SIDES OF MARKET ST. BETWEEN 5TH ST. AND 6TH ST FOR H/C ACCESS TO SUBWAY PLATFORMS, INCLUDING CONSTRUCTION OF 1-STORY PILOT HOUSES @ SIDEWALK LEVELS AND ALTERATIONS @ PLATFORM LEVEL INCLUDING CONSTRUCTION OF ELEVATOR MACHINE ROOMS AND ERECTION OF BARRIER/ACCESS CONTROL WALLS TO STATION PLATFORM AND ASSOCIATED "ROTOGATES". NEW LIGHTING, CEILING PANELS AND ADJUSTMENTS TO HVAC.STREET LEVEL CONSTRUCTION TO INCLUDE MINOR SIDEWALK AND CURB REPAIR. ALL WORK WITHIN PUBLIC RIGHT-OF-WAY.

  7. PermitElectrical

    Permit 90505 · COMPLETED

    REMOVE (3) 39 WHPS FXTS, INSTALL (3) 175 WMH FXTS. (CC DIST)

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 10:05 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)