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    Property profile & analytics
    OFF-MARKET Estimated value $2,800,000
    Strip malls

    677 Pulaski Hwy, Elkton, MD 21921-6037

    18,624 SF 2.08 ac lot Built 2009
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US40-2078462
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 677 E Pulaski Hwy in Elkton, Maryland, offers two executive office suites within the Alexandra Village shopping center. The building, constructed in 2009, is a Class C, two-story structure encompassing a total of 18,624 square feet. Currently, 4,372 square feet are vacant, presenting a unique opportunity for businesses seeking flexible space. Each suite offers a minimum of 2,172 square feet and a maximum contiguous space of 2,200 square feet, ideal for a variety of uses. One suite is a former hair salon, requiring minimal renovation for similar use, while the other is a blank canvas ready for custom build-out. The property boasts ample parking, ensuring convenient access for clients and employees. Its strategic location in Elkton, within the C2 zoned area of Cecil County, provides easy access for customers from both Maryland and Delaware. The multiple tenancy structure allows for diverse business combinations within the building. This property presents a compelling investment opportunity in a thriving commercial center. The property's address is 677 E Pulaski Hwy, Elkton, MD 21921.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2009
    Construction WOOD
    Total area 18,624 SF
    Lot 2.08 ac (90,605 SF)
    Zoning code C2
    APN 03-028593
    UPID US40-2078462
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • All About Pain And Spine Medical Clinic
    • Mid-Atlantic Institute of Venous and Lymphatic Medicine Physician
    • Dr. Khadija Awan, MD Physician
    • Advanced Women's Health & Weight Management: Dr. Maryam Awan and Dr. Khadija Awan Physician
    • All about Pain & Spine Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.80M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.80M
    Owner & transaction history
    Principal Acquisitions LLC · 2 yrs held
    Principal Acquisitions LLC
    since 2024
    Last sale
    $2.8M
    7 recorded transactions
    2024
    $2.8M
    2015
    $3.2M
    2008
    $1.1M
    2005
    $935,000
    1969
    1969
    1969
    Zoning & alternative use
    C2 · Elkton, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.8M +266.6%
    Commercial (general) $2.4M +219.7%
    Industrial (general) $2.4M +212.9%
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