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    308 North St Elkton, MD 21921

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    For Sale
    Contact for pricing

    Versatile 3,338 sq ft space, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 308 North Street in Elkton, Maryland, presents a unique opportunity for businesses seeking a prominent location within the Cecil County Public Schools district. The building boasts a substantial 3,338 square feet of adaptable space, perfect for a variety of commercial uses. Constructed of concrete, this durable structure offers two convenient drive-in doors for easy loading and unloading, significantly enhancing operational efficiency. Ample parking is provided with 80 spaces available, ensuring convenient access for employees and customers alike. The property is equipped with forced air heating, guaranteeing a comfortable working environment year-round. Furthermore, access to public water and sewer services simplifies operations and eliminates the need for costly private systems. Situated in a high-visibility area, this property benefits from excellent exposure to traffic, maximizing visibility and accessibility. Its strategic location provides easy access to major transportation routes and the heart of downtown Elkton, offering unparalleled convenience for both employees and clients. This is an exceptional opportunity to lease a prime commercial space in a thriving location. The 0.08-acre lot provides ample space for operations and potential future expansion. Don't miss this chance to secure a highly desirable commercial property in Elkton, Maryland.

    Property Features for 308 North St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.83015
    Latitude
    39.61088

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 3,338 sq ft space, ample parking.
    Where is this commercial real estate located?
    The property is located at 308 North St Elkton, MD.
    (302) 234-1888
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    308 North St Elkton, MD 21921
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    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.

    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
    308 North St Elkton, MD 21921
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