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Property profile & analytics
OFF-MARKET
Investment properties
213 Main St Elkton, MD 21921-5787
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-0671590
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
2,870 SF
Lot
0.18 ac (7,800 SF)
Zoning code
RO
APN
03-036227
UPID
US40-0671590
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Law Office of Justin B. Hill, LLC Law Firm
-
Federal Direct Tax Service Elkton Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pinnacle 15 LLC · 3 yrs held
Pinnacle 15 LLC
since 2023
7 recorded transactions
Zoning & alternative use
RO · Elkton, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elkton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,890
Tax year 2023
Assessed value
$263,800
Assessed 2023
Previous assessed
$262,100
+0.6% YoY
Effective rate
1.47%
On assessed value
Land market value
$87,300
Improvement market value
$178,200
Total market value
$265,500
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
BASEBOARD
Stories
3
Units
1
Bathrooms
2
Total area
2,870 SF
Lot
0.18 ac (7,800 SF)
Zoning code
RO
APN
03-036227
UPID
US40-0671590
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
RO · Elkton, MD
Zoning RO · permitted uses
RO · Elkton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elkton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
BASEBOARD
Stories
3
Units
1
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Pinnacle 15 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
213 E MAIN ST, ELKTON, MD 21921-5787
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2023
$115,000
Pinnacle 15 LLC
Riverside LLC
Deed
—
Oct 12, 2021
$125,000
Riverside LLC
Melvin Randall Magaw
Deed
—
Sep 1, 2020
—
Justin B Hill
Barnes C M Family Trust
Grant Deed
related
—
Oct 12, 2018
—
Linda R Walton
Magaw,ann M
Quitclaim Deed
—
Jan 9, 2018
—
Barnes,h D III & C M 2017 Fam Trust
Barnes,harry D III & Catherine M
Quit Claim Deed
related
—
Sep 1, 2005
—
Barnes,harry D III & Catherine M Tr
Barnes,harry D III & Catherine M
Quit Claim Deed
related
—
—
—
Harry D Barnes
—
Deed Of Trust
related
$100,000 · County Banking & Trust Co
—
—
Harry D Barnes III
—
Deed Of Trust
related
$200,000 · Mercantile County Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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