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Shopping Center with Central HVAC
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8 COMMERCIAL PLAZA, Elkton, MD 21921

Retail-oriented shopping center space with tile flooring and central air conditioning and heat.

Property Size1,000 SF
Price / SF$1.50
Days on Market55

Property Features for 8 COMMERCIAL PLAZA

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial

Building Details

Year Built 1984
Listing Agency: Real Estate Consultants
Listed By: Aaron G Butler · License #524396
Source: Cummingsrealtors
Added: Jul 30 Changed: Sep 21 Last Checked: Sep 22 at 4:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Consultants

Investment Insights

Based on property information with market context.

This shopping center property includes tile flooring along with central air conditioning and heat. The improvements provide a finished interior configuration suited to retail-oriented commercial use.

Built in 1984, the property is located on Bridge Street, identified in the source information as a high-traffic corridor. Water, sewer, trash, and common area charges are included in the stated pricing structure.

Key Highlights

  • Shopping center property on Bridge Street
  • Tile flooring throughout the space
  • Central air conditioning and heat

Property Analytics

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Current Use

Happy Hair Salon Hair Salon

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Parking Lot & Garage Auto Parts Store Building Supply Kitchen & Bath Showroom

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

1,493
Businesses Nearby
217k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 32% Groceries 14% Beauty & Spa 6%
McDonald's Dining
32,294 visits/mo 0.4 miles
ACME Markets Groceries
29,622 visits/mo 0.3 miles
Royal Farms Shops & Services
21,819 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,990 visits/mo 0.4 miles
SONIC Drive In Dining
15,642 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail-oriented shopping center space with tile flooring and central air conditioning and heat.
Where is this shopping center located?
The property is located at 8 COMMERCIAL PLAZA Elkton, MD.
What are key features of this property?
This property features: Shopping center property on Bridge Street; Tile flooring throughout the space; Central air conditioning and heat
More about this property
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