Property profile

107 Brg St Elkton, MD 21921

OFF-MARKET
Medical Office Space
Property ID
US40-2117889
2,628 SF 0.23 ac lot Built 1900
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Elkton, MD office space at 107 N Bridge Street offers 1,200 square feet of versatile commercial space on a 0.23-acre lot. Ideally situated for convenient access to downtown Elkton, Route 40, and I-95, this property boasts high visibility and is minutes from local amenities. Currently configured as a medical office, Suite 107 features four clinic rooms, a reception and waiting area, and an ADA-compliant handicapped ramp. The space is fully equipped with electrical outlets suitable for medical devices, ensuring seamless operation for healthcare providers or adaptable for other professional uses. The single-level layout promotes ease of access and functionality. Public sewer and water are readily available. Drive-to-door access provides unparalleled convenience for clients and staff. This prime location offers significant advantages for businesses seeking high traffic and excellent visibility. The property presents a unique opportunity to establish a thriving practice or business in a highly desirable area of Elkton. This is a remarkable leasing opportunity not to be missed.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1900
Construction WOOD
Total area 2,628 SF
Lot 0.23 ac (9,844 SF)
Zoning code C1
APN 03-050165
UPID US40-2117889

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Group Counselor
  • Physician
  • Physician
  • Physician
  • Physician

Location

107 Brg St Elkton, MD 21921-5326
Elkton metro Census 30400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2008
3 recorded transactions
2008
$382,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Elkton, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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