100 Marley Rd, Elkton, MD 21921
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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