Property profile

1338 Pulaski Hwy Elkton, MD 21921

OFF-MARKET
Mixed-use properties
Property ID
US40-0671547
5,500 SF 1.83 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 1338 W Pulaski Highway in Elkton, Maryland (zip code 21921), offers a unique investment opportunity. Spanning 1.83 acres, the property boasts approximately 5,500 square feet of space distributed across several buildings. Currently operating as a residential home and landscaping supply business, the property's versatility is immediately apparent. The main residential house has received county approval for use as a daycare center, with the lower level of the bi-level structure offering additional potential. Other buildings on the site include structures suitable for residential or office rentals, along with a garage capable of accommodating trailers. The property benefits from significant visibility due to its location on Route 40, ensuring high traffic exposure for any business venture. This presents a rare chance to acquire a substantial property with diverse income streams and significant redevelopment potential in a desirable Elkton location. The asking price is $895,000. This is an ideal opportunity for an investor seeking a multi-faceted property with strong growth potential. The existing infrastructure provides a solid foundation for a variety of business uses, making this a truly versatile and attractive investment.

Property profile

Verified
Property type Mixed-use properties
Year built 1988
Total area 5,500 SF
Lot 1.83 ac (79,715 SF)
UPID US40-0671547

Cap rate & NOI

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

Location

1338 Pulaski Hwy Elkton, MD 21921
Elkton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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