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    Delaware Ave Elkton, MD 21921

    Sponsored
    For Sale
    $299,900

    High-Visibility Commercial Lot, Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.49-acre commercial lot presents a rare opportunity in Elkton, Maryland. Situated on the corner of Delaware Avenue and the Ashley Furniture entrance of a thriving strip mall, this property boasts unparalleled visibility and accessibility. Its prime location ensures high traffic volume, making it ideal for a diverse range of businesses. Imagine the potential for a bustling office space, a trendy retail store, or a charming small restaurant. The corner location offers maximum exposure, and the strategic placement near a major furniture retailer guarantees a steady stream of potential customers. The expansive lot provides ample space for building development and ample parking. Furthermore, the property's high visibility makes it an exceptional location for a billboard, offering significant advertising potential for your business or as a lucrative revenue stream. This is a unique chance to establish a thriving enterprise in a high-demand area. The property is zoned for commercial use and is ready for immediate development. Don't miss this opportunity to secure a prominent location in a growing community. Contact us today to learn more about this exceptional commercial property and begin planning your business's future success. The asking price is $299,900.

    Property Features for Delaware Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,344 SF

    Building Details

    Year Built
    2024
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8231
    Latitude
    39.61012

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Commercial Lot, Excellent Location
    Where is this commercial real estate located?
    The property is located at Delaware Ave Elkton, MD.
    What is the asking price?
    The asking price for this property is $299,900.
    (410) 287-0037
    Request Owner's contact information
    Delaware Ave 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
    Delaware Ave Elkton, MD 21921
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