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    6-48 Shade Tree Ln Elkton, MD 21921

    For Sale
    $900,000

    LAND - ELKTON, MD

    Lot size:
    6.65 Acres
    Days on Market:
    175
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 6-48 Shade Tree Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    6.65 Acres

    Real-Trust-Associates (410) 287-1260 [email protected]

    Listing agent Norman P Wehner (410) 287-1260

    Listing date Jun 23, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elkton Land for Multifamily Development

    This listing encompasses three parcels zoned for Development Residential, making it suitable for multifamily apartment development. The combined area of the parcels is 6.65 acres. Specifically, Tax Map 312 includes Parcel 907, which is 4.9 acres, Parcel 184, which is 1.0 acres, and Parcel 267, which is 0.75 acres. Public water and sewer hook-ups are located nearby and have adequate capacity.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.79300277
    Latitude
    39.61259107

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    FAQs

    What type of property is this?
    Residential land & home lot - 6.65 acres of land suitable for multifamily apartment development.
    Where is this residential land & home lot located?
    The property is located at 6-48 Shade Tree Ln Elkton, MD.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Zoned Development Residential: Ideal for Multi-Family Apartment Development.; - Total 6.65 Acres: Substantial land size for development.; - Three Parcels Included: Offers flexibility in development planning.
    (410) 287-1260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6-48 Shade Tree Ln Elkton, MD 21921
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