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    Pulaski Hwy Elkton, MD 21921

    Sponsored
    For Sale
    $1,490,000

    11 Acres, High-Traffic Highway Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property presents a rare opportunity to acquire 11.03 acres of land ideally situated along the heavily traveled Pulaski Highway (Route 40) in Elkton, Maryland. The property boasts significant frontage on both Route 40 and Route 7 (E Old Philadelphia Rd), ensuring high visibility and accessibility for any commercial venture. This listing encompasses two parcels, tax parcels 0803000540 and 0803000524, sold together, providing a substantial land area for development. The combined acreage totals over 11.03 acres, offering ample space for a variety of commercial uses. Currently wooded, this site presents a blank canvas for a new construction project, taking advantage of its prime location and high traffic counts. The commercial zoning allows for a wide range of development possibilities, making this an attractive investment for businesses seeking a prominent location with excellent visibility and accessibility. The property's strategic location on a major highway ensures significant exposure to a large volume of daily traffic, providing a strong foundation for success. Serious inquiries are encouraged to explore the potential of this unique commercial land opportunity. The property is ready for development and offers significant potential for return on investment. Detailed zoning information and survey data are available upon request.

    Property Features for Pulaski Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    480,467 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.82699
    Latitude
    39.59978

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    FAQs

    What type of property is this?
    Commercial real estate - 11 Acres, High-Traffic Highway Frontage
    Where is this commercial real estate located?
    The property is located at Pulaski Hwy Elkton, MD.
    What is the asking price?
    The asking price for this property is $1,490,000.
    (302) 285-5100
    Request Owner's contact information
    Pulaski Hwy Elkton, MD 21921
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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.

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    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.

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

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    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
    Pulaski Hwy Elkton, MD 21921
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