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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Auto shops
307 Brg St, Elkton, MD 21921-5311
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-2033870
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Construction
BRICK
Total area
10,484 SF
Lot
2.88 ac (125,453 SF)
Zoning code
BI
APN
03-072738
UPID
US40-2033870
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
-
Floor Coverings International Brandywine Valley Carpet & Flooring Store Hardware & Home Improvement
-
Delren LP Apartment Building
-
North Bridge Automotive Auto Repair Shop
-
PuroClean of Elkton Hardware & Home Improvement Construction Company
-
Benders Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$560k
Owner & transaction history
Lhg Properties LLC · 7 yrs held
Lhg Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
BI · 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
Method
Estimation
Statistic approach
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$53 / SF
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
$19,023
Tax year 2023
Assessed value
$1,093,300
Assessed 2023
Previous assessed
$1,093,300
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$535,200
Assessed improvement
$558,100
Land market value
$535,200
Improvement market value
$558,100
Total market value
$1,093,300
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
10,484 SF
Lot
2.88 ac (125,453 SF)
Zoning code
BI
APN
03-072738
UPID
US40-2033870
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
BI · Elkton, MD
Zoning BI · permitted uses
BI · 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
2000
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
2.88 ac
Current owner
From public records · entity-resolved
Lhg Properties LLC
Entity
Mailing address
60 BARNETT DR, ELKTON, MD 21921-3813
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2018
$750,000
Lhg Properties LLC
J &k &k & B LLC
Deed
$600,000 · Cecil Bank
Oct 28, 2010
$865,894
J & K & K & B LLC
Delren LP
Grant Deed
—
Aug 13, 2008
$717,193
Delren
North East Ents LLC Of De
Grant Deed
$385,000 · Pnc Bank
Aug 13, 2008
—
North East Ents LLC Of De
North East Ents
Quit Claim Deed
related
—
Mar 2, 2005
$160,100
North East Ents LLC
Ssd Business Center
Grant Deed
—
Jun 27, 2002
$100,000
Ssd Business Center LP
North East Enterprises
Grant Deed
—
Dec 8, 1999
—
North East Enterprises
Simmons,kenneth W
Grant Deed
$400,000 · First National Bank North East
—
—
North East Enterprises
—
Deed Of Trust
related
$78,000 · First National Bank North East
—
—
North East Ents LLC
—
Deed Of Trust
related
$1,850,000 · Mercantile County Bank
—
—
J & K & K & B LLC
—
Deed Of Trust
related
$50,000 · Cecil Fsb
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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