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Property profile & analytics
OFF-MARKET
Community centers
1005 Elk Mls Rd Elkton, MD 21921-3802
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0732107
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1973
Construction
WOOD
Total area
11,096 SF
Lot
2.63 ac (114,563 SF)
Zoning code
BG
APN
04-029283
UPID
US40-0732107
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Al Momin LLC · 1 yrs held
Al Momin LLC
since 2024
7 recorded transactions
Zoning & alternative use
BG · Elkton, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elkton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,743
Tax year 2023
Assessed value
$1,151,133
Assessed 2023
Previous assessed
$1,077,900
+6.8% YoY
Effective rate
1.11%
On assessed value
Land market value
$463,000
Improvement market value
$834,600
Total market value
$1,297,600
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
11,096 SF
Lot
2.63 ac (114,563 SF)
Zoning code
BG
APN
04-029283
UPID
US40-0732107
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
BG · Elkton, MD
Zoning BG · permitted uses
BG · Elkton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elkton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.63 ac
Current owner
From public records · entity-resolved
Al Momin LLC
Entity
Mailing address
2018 APPLETON RD, ELKTON, MD 21921-2908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
$3,000,000
Al Momin LLC
1005 Elk Mills Road LLC
Deed
$2,250,000 · Wilmington Savings Fund Society Fsb
Sep 1, 2020
—
1005 Elk Mills Rd LLC
—
Deed
related
$1,200 · Wilmington Svgs Fund Society F
Jan 7, 2020
—
1005 Elk Mills Road LLC
—
Deed
related
$1,900,000 · Wilmington Savings Fund Society Fsb
Dec 6, 2005
—
1005 Elk Mills Road, LLC
Benjamin A Leroy
Deed
—
—
—
Benjamin A Leroy
—
Deed Of Trust
related
$420,000 · Wilmington Savings Fund Societ
—
—
Benjamin Leroy
—
Deed Of Trust
related
$122,571 · Wilmington Trust Co
—
—
Benjamin Leroy
—
Deed Of Trust
related
$50,000 · Wilmington Trust Co
—
—
Benjamin A Leroy
—
Deed Of Trust
related
$120,000 · Wilmington Savings Fund Societ
—
—
Benjamin A Leroy
—
Deed Of Trust
related
$87,191 · Pnc Bank Delaware
—
—
1005 Elk Mills Rd LLC
—
Deed Of Trust
related
$1,200 · Wilmington Svgs Fund Society F
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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