$1,100,000 5,181 SF

175 Fletchwood Rd, Elkton, MD 21921
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The property is a retail/office space in Elkton, Maryland, positioned in a retail strip center near the intersection of Fletchwood Rd and Newark Elkton Rd, adjacent to a Wawa. It is part of a shopping area (Fletchwood Square) that includes a variety of nearby businesses. The end cap unit is approximately 1,650 square feet and features an open first-floor layout with one restroom, with additional office space and one restroom on the second floor. The center provides a shared paved parking lot and the unit has access to public water and sewer services.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$7k

Tax billed · 2023

Assessed value$619k

Effective rate1.10%

Value estimate

· Oct 2026

$610k

$549k – $671k

NOI build-up

Gross scheduled income$124k

Vacancy & credit loss−$3k

Operating expenses−$30k

NOI · 8.26% cap applied$91k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

8.26%

$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

The purpose of this District is to provide areas in which the principal use of land and buildings is for business services, light manufac...

General categoryINDUSTRIAL

JurisdictionCECIL

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm16.8

Dental Office15.6

Realty agency13.8

175 Fletchwood Rd Elkton, MD 21921

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

1105 Pulaski, Elkton, MD 21921-6307 $275,000 Dec 2025 6,753 SF

677 Pulaski, Elkton, MD 21921-6037 $2,800,000 Apr 2024 18,624 SF

245 Brg, Elkton, MD 21921-5918 $625,000 Jan 2024 6,568 SF

804 Pulaski, Elkton, MD 21921-6649 $1,800,000 Jun 2022 2,240 SF

2524 Singerly, Elkton, MD 21921-2715 $2,050,000 Jun 2021 9,100 SF

Brg, Elkton, MD 21921 $1,874,000 May 2020 8,800 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$295,000

5,134 SF

364 Fair Hl Dr

SHOPPING CENTER, STRIP CENTER

364 Fair Hl Dr, Elkton, MD 21921-2539

View Details
Value Estimation
$215,000

6,000 SF

1653 Elkton Rd

SHOPPING CENTER, STRIP CENTER

1653 Elkton Rd, Elkton, MD 21921-4153

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Value Estimation
$625,000

6,568 SF

245 Brg St

SHOPPING CENTER, STRIP CENTER

245 Brg St, Elkton, MD 21921-5918

View Details
Value Estimation by Request
6,753 SF

1105 Pulaski Hwy

WHOLESALE OUTLET, DISCOUNT STORE

1105 Pulaski Hwy, Elkton, MD 21921-6307

View Details
Value Estimation
$1,430,000

7,300 SF

303 Pulaski Hwy

WHOLESALE OUTLET, DISCOUNT STORE

303 Pulaski Hwy, Elkton, MD 21921-6415

View Details
Value Estimation
$435,000

8,713 SF

722 Pulaski Hwy

SHOPPING CENTER, STRIP CENTER

722 Pulaski Hwy, Elkton, MD 21921-6059

View Details

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