Property profile

321 Railroad Ave Elkton, MD 21921

OFF-MARKET
Grocery and convenience stores
Property ID
US40-1434508
2,000 SF 0.36 ac lot Built 1977
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

Retail space located on Railroad Ave in Elkton, Maryland, positioned at a signalized intersection with multiple access points. The space comprises approximately 2,000 square feet.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1977
Construction BRICK
Total area 2,000 SF
Lot 0.36 ac (15,750 SF)
Zoning code C1
APN 03-036359
UPID US40-1434508

Cap rate & NOI

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

Location

321 Railroad Ave Elkton, MD 21921
Elkton metro Census 30400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2011
2 recorded transactions
2011
$448,000
2004
$270,000

Zoning & alternative use

C1 · Elkton, MD

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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