Property profile & analytics
223 Main St Elkton, MD 21921
- Investment properties
- 2,916 SF
- 0.18 lot acres
For Sale
View listing
$329,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US40-0046604
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Jui-Chih Hsu Retired Md / Pediatrician / Physician
- Dr. Hongxie Shen, MD / Pediatrician / Physician
- The Will Davis Law Firm P.C. / Law Firm
- Juichih Hsu / Pediatrician / Physician
- On Our Own Of Cecil County, Inc / Charitable Organization / Social Service Agency
Property Details for 223 Main St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.18 lot acres
- Property size
- 2,916 SF
- Zone code
- RO
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 03-076008
- APU
- 3076008
Description
This exceptional 5,134 square foot office building, situated in Elkton's Historic District at 223 Main Street West, presents a unique investment opportunity. The property boasts a prime location and offers significant potential for a variety of commercial uses. The building itself features 4,558 square feet above ground, providing ample space for operations. Inside, you'll find two full bathrooms and two half bathrooms, catering to the needs of staff and clients. Heating is provided by an oil-fired radiator system, supplemented by two air conditioning units ensuring year-round comfort. A significant advantage is the inclusion of a detached three-car garage, offering secure storage or additional workspace. Furthermore, a substantial parking lot is located at the rear of the building, ensuring convenient parking for employees and visitors. Adding to the property's appeal is an additional 0.15-acre lot, adjacent to the main property, which is available for purchase and can be utilized for either commercial expansion or residential development, subject to local zoning regulations. The 0.33-acre main lot provides ample space for the existing building and its associated parking. This property represents a rare blend of historical charm and modern functionality in a highly desirable location. The building's size, amenities, and additional land offer considerable flexibility for future development and growth.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Elkton
- County
- Cecil
- State
- Maryland
- Longitude
- -75.8243
- Latitude
- 39.6101
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,556
$86,800
$60,100
$146,900
-
$86,800
$60,100
$146,900
