Property profile

224 Main St Elkton, MD 21921

OFF-MARKET
Office buildings
Property ID
US40-2389048
5,560 SF 0.3 ac lot Built 1900
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction WOOD
Total area 5,560 SF
Lot 0.3 ac (13,068 SF)
Zoning code RO
APN 03-044319
UPID US40-2389048

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Land Surveyor Civil Engineer
  • General Contractor Construction Company
  • Community Center
  • Real Estate Agency

Location

224 Main St Elkton, MD 21921-5790
Elkton metro Census 30400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$695k
Blend (final) Blend
$270k

Owner & transaction history

since 2004
2 recorded transactions
2004
$320,000
1969
Price N/A

Zoning & alternative use

RO · Elkton, MD
Zoning description

The purpose of this district is to provide for a mixture of residential uses and business uses that are not unduly disruptive of high density residential areas located in the same district. Generally this district covers…

General category MIXED_USE

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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