Listing Agency: NAI Emory Hill Real Estate Services, Inc.

Listed By: Kevin O'Hara · License #DE RS-0020900

Source: Crexi

Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 5:40PM

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Investment Insights

Based on property information with market context.

This retail property comprises 2,000 square feet of commercial space and is offered for sale. The property is located at 1538 Singerly Road in Elkton, Maryland 21921. The reported capitalization rate is 10.78%.

Key Highlights

• 2,000 SF of retail space
• 10.78% capitalization rate
• Located at 1538 Singerly Road, Elkton, MD 21921

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Building Supply Law Firm Pet Grooming Service Hotel & Motel Daycare Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Explore this area Business Placement

Demographics for 21921, MD

44,983

Population

18,782

Households

2.4

Avg Household Size

39

Median Age

28%

College-Educated

92%

High-School Grad

94.7 sq mi

ZIP Area

475

Density / Sq Mi

$84,608

Median Household Income

$48,300

Median Earnings

$1,413

Median Rent

$296,000

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail property offered for sale in Elkton, Maryland.

Where is this retail space located?

The property is located at 1538 Singerly Road Elkton, MD.

What are key features of this property?

This property features: 2,000 SF of retail space; 10.78% capitalization rate; Located at 1538 Singerly Road, Elkton, MD 21921