107 Bridge St Elkton, MD 21921
- Medical offices
- 2,628 SF
- 0.23 lot acres
Current Use by Public Records
- Tri State Health, Inc / Medical Group / Counselor
- Shameka Brown / Physical Therapist / Registered General Nurse
- Mohammad Basit Afzal / Internist / Doctor
- Muhammed Arif Niaz / Internist
- Dolapo Fox / Nurse Practitioner
Property Details for 107 Bridge St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 2,628 SF
- Zone code
- C1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 03-050165
- APU
- 3050165
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $385,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $315,000
- Mixed-Use
- $340,000
- Hospitality
- $285,000
- Educational
- $365,000
- Residential Income
- $320,000
- Energy
- $355,000
- Income-Based Land
- $315,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Elkton
- County
- Cecil
- State
- Maryland
- Longitude
- -75.8338
- Latitude
- 39.607
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA