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    OFF-MARKET
    Automotive properties

    218 Brg St, Elkton, MD 21921-5915

    1,616 SF 2.15 ac lot Built 1966
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US40-2117242
    Property summary
    AI-generated overview

    This vacant, 1,800 square foot auto repair shop and dealership is situated on a spacious 2.15-acre lot at 218 S Bridge St, Elkton, Maryland, zip code 21921. Built in 1966, the single-story building features three drive-in bays, three lifts (two indoor, one outdoor), and existing office space. The property is zoned C-2, allowing for a variety of uses. The asking price is $699,000, translating to $388.33 per square foot. The location offers excellent road frontage on South Bridge Street, providing high visibility and accessibility. The potential exists to add an additional indoor lift in one of the existing bays. This presents a unique opportunity for an owner-user or investor seeking a well-located, established auto repair facility in a thriving Maryland market. The property's size and zoning provide flexibility for expansion or adaptation to suit various automotive-related businesses. This is a turnkey operation ready for immediate occupancy.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1966
    Construction BRICK
    Total area 1,616 SF
    Lot 2.15 ac (93,654 SF)
    Zoning code C2
    APN 03-037541
    UPID US40-2117242
    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
    • BC3 Auto Repair Shop
    • Spotless Detailz Car Wash
    • JUDGE AUTO GROUP INC Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    South Bridge St LLC · 7 yrs held
    South Bridge St LLC
    since 2018
    7 recorded transactions
    2018
    $450,000
    2018
    2015
    $486,000
    2012
    2008
    $435,000
    2003
    $290,000
    1969
    Zoning & alternative use
    C2 · Elkton, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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