Property profile

100 Marley Rd Elkton, MD 21921

OFF-MARKET
Land
11.37 ac lot
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Property summary

AI-generated overview

This exceptional 11.37-acre commercial land parcel presents a remarkable development opportunity in Elkton, Maryland. Strategically located on heavily trafficked Route 40 (Pulaski Highway) and Marley Road, this property boasts exceptional visibility and accessibility. Zoned Business General (BG), it offers a wide array of permitted uses, including warehouse, agriculture, daycare, hotel/motel, church, retail, mini-golf, office buildings, automotive sales/repair, car wash, and restaurants. The site benefits from existing electric, gas, and data utilities, with water and sewer infrastructure anticipated in the near future. To facilitate a smooth transaction, the seller is providing updated tree and wetland delineation studies, along with a new survey highlighting available utilities. The property's prime location offers easy access to Interstate 95 (3 miles) and the Delaware border (5 miles), further enhancing its appeal. The high average annual daily traffic count of 30,000+ vehicles per day on Route 40 ensures significant exposure for any development. This is an unparalleled chance to capitalize on a highly desirable location and diverse development potential. The asking price is $750,000. The zip code is 21921 and the property is in Cecil County.

Property profile

Verified
Property type Land
Lot 11.37 ac (495,277 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Marley Rd Elkton, MD 21921
Elkton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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