104 5th St, Elkton, VA 22827-1102
This exceptional 5,040 square foot warehouse presents a compelling investment opportunity in Elkton, VA. Strategically situated near a thriving area boasting breweries, shops, and restaurants, this property enjoys a highly desirable location with excellent potential for growth. The warehouse itself offers ample storage space, exceeding 5,000 square feet, making it suitable for a variety of businesses. The building's functionality is enhanced by the inclusion of two well-appointed office spaces, providing a comfortable and productive workspace. Convenience is further maximized with the presence of 1.5 bathrooms and two loading docks, streamlining operations and facilitating efficient goods handling. The property sits on a 0.06-acre lot, offering a manageable footprint while still providing ample space for the building and potential future expansion. Given its prime location, substantial square footage, and practical features, this warehouse represents a rare and attractive investment prospect in a rapidly developing area. The combination of warehouse space, office areas, and convenient loading docks makes this property highly versatile and adaptable to a range of commercial uses. This is an exceptional opportunity for investors seeking a strong return in a vibrant and growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R7 · Elkton, VAElkton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.