133 Bridge StElkton, MD 21921

Property Details for 133 Bridge St

Year built

1940

Construction

BRICK

Lot size

0.39 AC

Property size (Sq ft)

10,992 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

03-036324

APU

3036324

Description

This exceptional 3,000 square foot executive office space is located at 133 North Bridge Street in Elkton, Maryland, within Cecil County. Situated on a highly visible corner, this Class B office building offers convenient access to Christiana Care hospital, just two blocks away. The space is located on the third floor of a three-story building, easily accessible via elevator and stairs from street level. The entire building encompasses 10,746 square feet, with the available space representing a significant portion. The property is zoned for Town Center use, providing flexibility for various business types. The building features a single tenancy, offering a unique opportunity for a business seeking a prominent location. This ready-to-occupy space is situated above Harford Bank, ensuring high visibility and convenient banking access. The property's location in Elkton, Maryland, zip code 21921, provides easy access to major transportation routes and amenities. The building's features include elevators, ensuring convenient access to all floors. This is an excellent opportunity for a business seeking a well-located, spacious, and easily accessible office space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $3,470,336

  6.5%

  $3,203,387

  7%

  $2,974,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,722,873

  Geo Method

  $1,436,215

• Alternative Use

  Use

  Valuation

  Residential

  $3,972,200

  Hospitality

  $3,638,514

  Educational

  $3,027,200

  Medical

  $3,131,310

  Retail

  $4,708,978

Location Insight

City

Elkton

County

Cecil

State

Maryland

Latitude

39.6082

Longitude

-75.8346

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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