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Property profile & analytics
OFF-MARKET
Auto shops
400 Main St, Elkton, MD 21921-5251
Individually Owned
7-yr Hold
Free & Clear
Property ID
US40-0833245
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1900
Construction
BRICK
Total area
2,448 SF
Lot
1.66 ac (72,310 SF)
Zoning code
BI
APN
03-040615
UPID
US40-0833245
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
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
Ronald J Arches · 7 yrs held
Ronald J Arches
since 2019
3 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
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
$6,939
Tax year 2023
Assessed value
$398,800
Assessed 2023
Previous assessed
$398,800
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$124,500
Assessed improvement
$274,300
Land market value
$124,500
Improvement market value
$274,300
Total market value
$398,800
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
1900
Construction
BRICK
Heating
SPACE
Buildings
2
Stories
1
Units
122
Total area
2,448 SF
Lot
1.66 ac (72,310 SF)
Zoning code
BI
APN
03-040615
UPID
US40-0833245
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
1900
Construction
BRICK
Heating
SPACE
Stories
1
Buildings
2
Units
122
Lot
1.66 ac
Current owner
From public records · entity-resolved
Ronald J Arches
Individual
Free & Clear · 7 yrs held
Mailing address
2205 BLUE BALL RD, ELKTON, MD 21921-3331
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2019
$350,000
Ronald J Arches
Brook-lyn Corp LLC
Grant Deed
—
Jan 22, 2019
$166,000
Brook-lyn Corp LLC
Saxton,lisa
Grant Deed
—
Mar 27, 2003
—
Wilbur J Whalen
Whalen,wilbur J & Denise L
Quit Claim Deed
related
$84,500 · County Banking & Trust Co
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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