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    200 North St Elkton, MD 21921

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    For Lease
    $13 SF/Yr ($2,440 /Mo)

    Former bank branch with offices, central space, and parking.

    Property size:
    2,253 SF
    Lot size:
    0.42 Acres

    Property Features for 200 North St

    General Information

    Size
    2,253 SF
    Lot size
    0.42 Acres

    Source: SB Real Estate Agent Jeff Sellers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Office Building For Rent

    This former freestanding bank branch is available for rent in downtown Elkton, MD. The building features 5 private offices, a large central space, a kitchenette, and a single restroom. Additional amenities include a glass door entry with a coat area, a janitor closet, and a basement storage area. The property also has a handicap ramp and a private parking lot. The building's total size is 2,253 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -75.8303092
    Latitude
    39.6095242

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    FAQs

    What type of property is this?
    Office building - Former bank branch with offices, central space, and parking.
    Where is this office building located?
    The property is located at 200 North St Elkton, MD.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding building in downtown Elkton, MD; - Private parking lot; - **5 private offices and large central space**
    (302) 275-5566
    Request Owner's contact information
    200 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
    200 North St Elkton, MD 21921
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