2026 taxable assessment $5,588,700 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $5,101,900; it is not the 2026 billed-year value.
Industrial property report
2470 Wheatsheaf Ln
1 story · 16,950 sqft · I2 · built 1952
Industrial · Cpi/Gp Wheatsheaf Owner LLC · assessed $5.6M (2026) · 2027 OPA assessment $5.1M. On the 2400 block of Wheatsheaf Ln.
Property summary
Assessment$5,588,7002026 OPA assessment · 2027: $5,101,900
Last sale$13MRecorded 2023
Est. tax bill$78,231/year2026 taxable assessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits6Dated events in report
Violations0 openNo historical match in fetched records
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
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Property tax
The estimate, live balance, and back-tax record are different.
BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.
A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”
OPA 8842005012026 taxable assessment equals the full assessed value.
Historical delinquency sources No current conclusion
The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
What stands out
From the public recordNew construction
Why it mattersBought for $550K in 2000, built new under a 2021 permit, sold for $13M in 2023.
View supporting records →The property record, over time
Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $5,101,900; it is not yet the billed-year tax basis.
Assessment history · all dated City records marked on the line
This propertyDeed / sale
Deed / sale $13M
Every dated record4 events · scroll to browse
- Deed / saleDeed / sale $13M
- Deed / saleDeed / sale $2.9M
- Deed / saleDeed / sale $710K
- Deed / saleDeed / sale $550K
Industrial propertyProperty report
This is a industrial, recorded under the city's industrial category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.
What it is
Industrial
Ind Truck Term Masonry
Owner
Cpi/Gp Wheatsheaf Owner LLC
OPA tax treatment
Assessed $5.6M
Taxable assessment on the roll
$ / sq ft
$301
above the $70 median for 3,774 industrial parcels citywide
Assessed value
$5,588,700
2026 OPA · 2027: $5,101,900
Interior area
16,950 sqft
Lot size
148,507 sqft
Stories
1
Built
1952
Zoning
I2
Records behind the chart
Browse the source ledger
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
Browse 4 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- Recorded transfer$13M transfer
2023
- Recorded transfer$2.9M transfer
2021
- Recorded transfer$710K transfer
2017
- Recorded transfer$550K transfer
2000
What this record suggests
The dated deed and City-record sequence is assembled below. Read timing as a research lead, not proof of renovation, condition, or motive.
Who's behind it
Cpi/Gp Wheatsheaf Owner LLC · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $11M combined
• Tax bills mail to 1001 Pennsylvania Ave, Washington Dc, 20004 — outside Philadelphia
Block context
2470 Wheatsheaf Ln sits on the 2400 block of Wheatsheaf Ln. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2450 Wheatsheaf Ln · 2430 Wheatsheaf Ln
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 10, 2026, 3:13 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. “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)