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    OFF-MARKET
    Land

    0 Rte 40 - Pulaski Hwy, Elkton, MD 21921

    21.93 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 21.927-acre commercial land parcel presents a remarkable investment opportunity in Elkton, Maryland. Boasting 469 feet of frontage on Route 40 (Pulaski Highway), this property enjoys unparalleled high visibility and accessibility. Located within the City of Elkton limits and conveniently situated just south of a Super Walmart, this site benefits from significant existing traffic and commercial activity. The property is zoned C-2, allowing for a wide range of commercial development possibilities. Wetlands have been delineated (approximately 1.54 acres), falling under Maryland Department of the Environment (MDE) jurisdiction, but not under the US Army Corps of Engineers (USACE). This site is ready to be developed, offering significant potential for investors seeking a high-impact commercial project. The property's location within an Opportunity Zone adds further investment appeal. The APN is 0803015378. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving location with excellent visibility and development potential. The asking price is $4,950,000. The property is located at Route 40 - Pulaski Hwy, Elkton, MD 21921.

    Property profile
    Verified
    Property type Land
    Lot 21.93 ac (955,140 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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