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    OFF-MARKET
    Office buildings

    103 Ct House Plz, Elkton, MD 21921-5687

    3,500 SF 0.08 ac lot Built 1963
    Trust Owned Absentee Owner Free & Clear
    Property ID
    US40-0544291
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 103 Court House Plaza in Elkton, Maryland, presents a rare opportunity for businesses seeking a prestigious downtown address. The 5,250 square foot building sits on a 0.08-acre lot and is ideally situated in the heart of the Central Business District, just steps from the Elkton Circuit Court. The property offers three levels of versatile office space, perfect for a variety of professional uses. The first floor features five private offices, a kitchenette, and a half bath, providing a functional space for daily operations. The second floor includes a welcoming reception area, a spacious conference room, five additional offices, and three half baths, ideal for meetings and team collaboration. The third floor boasts another reception area, six offices, an open workspace area offering flexibility for different business needs, and two half baths. This layout provides ample space for a growing business to thrive. The building's prime location and adaptable design make it suitable for law firms, professional services, or any business seeking a prominent downtown presence. Priced at $659,000, this is a unique opportunity to acquire a well-positioned commercial property in a thriving area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1963
    Construction BRICK
    Total area 3,500 SF
    Lot 0.08 ac (3,700 SF)
    Zoning code C1
    APN 03-050807
    UPID US40-0544291
    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
    Current use
    Occupant on record · Public records
    • Title Abstract & Research Inc Title Company
    • Mc Allister Michael S Land Surveyor
    • Precision Mold Inspections Environmental Consultant
    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
    by Request
    Owner & transaction history
    The Bowers Comitz Family Trust
    The Bowers Comitz Family Trust
    since 2025
    Last sale
    $500,000
    1 recorded transaction
    2025
    $500,000
    Zoning & alternative use
    C1 · Elkton, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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