Property profile

0 Rte 40 - Pulaski Hwy Elkton, MD 21921

OFF-MARKET
Land
21.93 ac lot
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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

Location

Rte 40 - Pulaski Hwy Elkton, MD 21921
Elkton metro
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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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