2 Elkton Md, Elkton, MD 21921
This exceptional 2.72-acre commercial land parcel, located at Commerce Center Drive, Lot 2, in Elkton, Maryland, presents a unique investment opportunity. Situated in Cecil County, zip code 21921, this property boasts a highly visible location immediately off Route 40/Pulaski Highway, near the Delaware state line. The lot offers excellent access from Commerce Center Drive and proximity to a Sheetz convenience store. The parcel is zoned C-2, Highway Commercial, and features public water and sewer availability. With an APN of 03-138995, this 118,483+/- square foot site is ideally positioned to capitalize on the growth along the Route 40 corridor. Nearby development includes planned expansion of an existing carwash and an Apple Auto dealership, further enhancing the property's value and potential. This is a ready-to-develop site in a thriving commercial area. The asking price is $952,000.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.