33 ARCTIC ST
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Location
33 ARCTIC ST
Mblu
04/ 015/ 00015/ /
Acct#
04-015-00015
Owner
274 FRANKLIN GROUND OWNER LLC
Total Market Value
$654,000
PID
52135
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$605,700$48,300$654,000

Owner of Record
Owner274 FRANKLIN GROUND OWNER LLC
Co-Owner
Address251 LITTLE FALLS DR
WILMINNGTON, 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$1,750,000 71827/00531O04/07/2025
33 ARTIC REALTY LLC$100 71578/02591F01/28/2025
LUNDEN,KARI R +$450,000 09408/03160005/07/1986

Building Information
Building 1 : Section 1
Year Built: 1900
Living Area: 27,000
Replacement Cost: $1,604,584
Building Percent Good: 35
Replacement Cost
Less Depreciation:

$561,600
Building Attributes
FieldDescription
Style:Mill Type Warehouse
ModelCommercial
GradeAVE MASONRY
Stories:5
Occupancy 
Exterior Wall 1Brick/Stone
Exterior Wall 2 
Roof StructureWood Truss
Roof CoverRolled Comp
Interior Wall 1 
Interior Wall 2 
Interior Floor 1Wood
Interior Floor 2 
Ext. Qual.GOOD
Int. Qual.AVERAGE
Bldg UseFACTORY
Bath Grade 
Elevator100
Sprinkler100
1st Floor Use:4000
Heat/ACSteam
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
GLUGLA - Upper Story 21,600 21,600
GLAGross Leasable Area 5,400 5,400
CANCanopy 30 0
EPHEnclosed Porch 1,305 0
   28,335 27,000

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVElevator5.00 Story$43,8001
LDCNConc.Load'g Dock63.00 S.F.$3001

Land
Land Use
Use Code4000
DescriptionFACTORY  
ZoneBG-3
Neighborhood4
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)6398
Depth
Total Market Land$48,300

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$745,600$45,000$790,600
2024$674,400$45,000$719,400
2023$616,300$39,100$655,400

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