25 ARCTIC ST
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Location
25 ARCTIC ST
Mblu
04/ 015/ 00004/ /
Acct#
04-015-00004
Owner
274 FRANKLIN GROUND OWNER LLC
Total Market Value
$382,000
PID
52130
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$196,700$185,300$382,000

Owner of Record
Owner274 FRANKLIN GROUND OWNER LLC
Co-Owner
Address251 LITTLE FALLS DR
WILMINGTON, DE 19808
Sale Price$13,500,000
Certificate
Book & Page 71885/0283
Sale Date04/22/2025
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
274 FRANKLIN GROUND OWNER LLC$13,500,000 71885/02831V04/22/2025
BENJAMIN ASSOCIATES LLC$2,448,435 71816/03851V04/03/2025
DOK REALTY LLC$1 68882/02671F03/03/2023
DOK REALTY LLC$0 10660/0228 11/23/2004
DAITCH,HERBERT L TRUSTEE$1 10459/02351F05/15/1987

Building Information
Building 1 : Section 1
Year Built: 1910
Living Area: 33,696
Replacement Cost: $1,967,485
Building Percent Good: 10
Replacement Cost
Less Depreciation:
$196,700
Building Attributes
FieldDescription
Style:Mill Type Warehouse
ModelCommercial
GradeAVE MASONRY
Stories:4
Occupancy1.00
Exterior Wall 1Brick/Stone
Exterior Wall 2 
Roof StructureWood Truss
Roof CoverRubber Roofing
Interior Wall 1Plywood Pnl
Interior Wall 2 
Interior Floor 1Wood
Interior Floor 2 
Ext. Qual.FAIR
Int. Qual.FAIR
Bldg UseCOMM WHSE
Bath Grade 
Elevator100
Sprinkler100
1st Floor Use:3160
Heat/ACForced Air
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLUGLA - Upper Story 25,272 25,272
GLAGross Leasable Area 8,424 8,424
CANCanopy 230 0
UBMBasement, Unfinished 8,424 0
   42,350 33,696

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3160
DescriptionCOMM WHSE  
ZoneBG-3
Neighborhood4
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)16245
Depth
Total Market Land$185,300

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$487,500$172,400$659,900
2024$371,000$172,400$543,400
2023$267,400$149,900$417,300

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