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Financial
Distress signals
Property profile

128 E Main St Elkton, MD 21921

FOR LEASE
Office buildings
Property ID
US40-0547053
936 SF 0.04 ac lot Built 1930
Last sale May 2026 · $150,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
128 E Main St, Elkton, MD 21921 For Lease
$15 SF/Yr
128 E Main St, Elkton, MD 21921
View Listing

Property summary

AI-generated overview

This commercial office building is located in downtown Elkton, Maryland, with frontage on a main street near local courthouses and surrounding businesses. The building provides 936 square feet of adaptable space suitable for professional office use. The main floor includes a half bathroom, and the lower level includes a full bathroom.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$105k
Assessed land$50k
Assessed improvement$55k
Effective rate1.74%

Value estimate

· Oct 2026
$270k
$243k – $297k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 111,933.33% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$125 – $321

Cap rate analysis

How does the asset earn?
111,933.33%
$17k 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?
C1
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

Location

128 E Main St Elkton, MD 21921
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
166 Main, Elkton, MD 21921-5557 $85,000 Feb 2026 1,197 SF
104 Lndg, Elkton, MD 21921-5204 $180,000 Jun 2022 1,072 SF
413 Pulaski, Elkton, MD 21921-5218 $1,001,130 Apr 2021 1,400 SF
138 Main, Elkton, MD 21921-5907 $285,000 Mar 2020 1,104 SF
411 Pulaski, Elkton, MD 21921-5218 $365,000 Dec 2019 720 SF
308 Nn, Elkton, MD 21921-5519 $62,000 Nov 2018 840 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
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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