$1,200/Mo 700 SF available

121 W Main St, Elkton, MD 21921
View Listing

The property is a stucco commercial building constructed in 1900, containing an office unit of approximately 700 square feet. The suite is equipped with central air conditioning and hot-water heating and is configured to support office use or other small business operations. Parking is available on-street for occupants and visitors. The building is located on West Main Street in downtown Elkton, Maryland, near a hospital and within an area that also provides nearby public free parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$3k

Tax billed · 2023

Assessed value$192k

Assessed land$69k

Assessed improvement$123k

Effective rate1.74%

Value estimate

· Oct 2026

$135k

$122k – $149k

AI approach$190k

NOI build-up

Gross scheduled income$17k

Vacancy & credit loss−$3k

Operating expenses−$4k

NOI · 891.17% cap applied$11k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?

$116/SF

ZIP average, outlier-cleaned · 60 recorded sales of this use type

Observed band · Q1–Q3$67 – $181

Qualifying comparables20

Cap rate analysis

How does the asset earn?

891.17%

$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionCECIL

Location intelligence

Which uses thrive at this corner?

Best fit: Furniture Store

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Furniture Store9.5

Locksmith8.9

Carpet & Flooring Store8.8

121 W Main St Elkton, MD 21921

County assessor Recorded deeds · 1 transfer 20 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby

Address Sale price Sold Size

792 Pulaski, Elkton, MD 21921-4707 $700,000 Jun 2025 7,050 SF

100 Main, Elkton, MD 21921-5561 $425,000 May 2024 6,240 SF

904 Pulaski, Elkton, MD 21921-6304 $700,000 Apr 2024 2,204 SF

116 Main, Elkton, MD 21921-5907 $475,000 Jan 2024 7,040 SF

135 Main, Elkton, MD 21921-5272 $450,000 Sep 2023 4,304 SF

503 Brg, Elkton, MD 21921-5305 $360,000 Mar 2023 2,976 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$510,000

4,026 SF

216 Main St

OFFICE/RESIDENTIAL (MIXED USE)

216 Main St, Elkton, MD 21921-5755

View Details
Value Estimation
$280,000

4,144 SF

230 Main St

OFFICE/RESIDENTIAL (MIXED USE)

230 Main St, Elkton, MD 21921-5716

View Details
Value Estimation
$310,000

4,872 SF

111 Main St

OFFICE/RESIDENTIAL (MIXED USE)

111 Main St, Elkton, MD 21921-5514

View Details
Value Estimation
$360,000

2,976 SF

503 Brg St

OFFICE/RESIDENTIAL (MIXED USE)

503 Brg St, Elkton, MD 21921-5305

View Details
Value Estimation
$250,000

2,856 SF

1408 Old Philadelphia Rd

OFFICE/RESIDENTIAL (MIXED USE)

1408 Old Philadelphia Rd, Elkton, MD 21921-7008

View Details
Value Estimation
$285,000

2,626 SF

325 Nn St

OFFICE/RESIDENTIAL (MIXED USE)

325 Nn St, Elkton, MD 21921-5518

View Details

Similar Nearby for Sale

$410,000

3,318 SF

Mixed-Use Building in Downtown Elkton

Large mixed-use building with office space and apartment.

212 W Main St, Elkton, MD 21921

View Details
$2,950,000

Four-Tenant Mixed-Use Property

Fully conditioned commercial space with paved parking and C2 zoning in downtown Elkton.

601 N Bridge St, Elkton, MD 21921

View Details

Try Rey

Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

121 W Main St Elkton, MD 21921

Property summary