Entity Owned Property summary
The property consists of retail land in Elkton, Maryland, totaling approximately 5 acres (217,800 square feet) and zoned B1. It is situated at a signalized intersection along Elkton Road with approximately 550 feet of frontage, providing access that supports turns for eastbound traffic. Southbound I-95 interchange access is located less than a quarter mile away, near the I-95 and Maryland State Route 279 travel services interchange. Elkton Road carries an estimated average annual daily traffic (AADT) of approximately 22,764 vehicles, and I-95 carries an estimated AADT of approximately 69,847 vehicles. Parcel identifiers associated with the land are 03-003590 and 03-031799.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this District is to provide areas in which the principal use of land and buildings is for business services, light manufacturing and assembly plants, processing storage, warehousing, wholesaling and distri…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Elkton, MDThe purpose of this District is to provide areas in which the principal use of land and buildings is for business services, light manufacturing and assembly plants, processing storage, warehousing, wholesaling and distri…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of this District is to provide areas in which the principal use of land and buildings is for business services, light manufacturing and assembly plants, processing storage, warehousing, wholesaling and distri…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BI in Elkton, MD.
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