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Property profile & analytics
OFF-MARKET
Hotels
304 Belle Hl Rd Elkton, MD 21921-5110
Trust Owned
~
Est. High Equity
Property ID
US40-0227212
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2005
Construction
WOOD
Total area
46,825 SF
Lot
1.82 ac (79,279 SF)
Zoning code
C3
APN
03-019209
UPID
US40-0227212
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
-
La Quinta Inn & Suites by Wyndham Newark - Elkton Hotel & Motel
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
The Akbar J Rahman Revocable Trust
The Akbar J Rahman Revocable Trust
since 2025
6 recorded transactions
Zoning & alternative use
C3 · Elkton, MD
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
$67,048
Tax year 2023
Assessed value
$3,853,333
Assessed 2023
Previous assessed
$3,851,667
+0.0% YoY
Effective rate
1.74%
On assessed value
Land market value
$956,500
Improvement market value
$2,898,500
Total market value
$3,855,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
HEAT PUMP
Cooling
YES
Stories
4
Units
1
Total area
46,825 SF
Lot
1.82 ac (79,279 SF)
Zoning code
C3
APN
03-019209
UPID
US40-0227212
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
C3 · Elkton, MDZoning C3 · permitted uses
C3 · Elkton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
The Mayor and Commissioners
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
The Akbar J Rahman Revocable Trust
Trust
Mailing address
304 BELLE HL RD, ELKTON, MD 21921-5110
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2025
—
The Akbar J Rahman Revocable Trust
Akbar Jalal Rahman
Deed
related
$2,800,000 · Discovery FCU
Apr 27, 2001
$283,000
Swami Shree LLC
Sobolewski,edward J
Grant Deed
—
—
—
Swami Shree LLC
—
Loan Modification
related
$3,297,982 · Bc5 LLC
—
—
Swami Shree LLC
—
Deed Of Trust
related
$3,000,000 · Temecula Valley Bank NA
—
—
Swami Shree LLC
—
Deed Of Trust
related
$1,500,000 · Temecula Valley Bank NA
—
—
Swami Shree LLC
—
Deed Of Trust
related
$198,720 · Temecula Valley Bank NA
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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