405 Pulaski Hwy Elkton, MD 21921-6019
This exceptional 5-acre corner parcel in Elkton, Maryland, presents a prime ground lease opportunity for an industrial, retail, or convenience store development. Ideally situated at 405 W Pulaski Hwy, this property boasts a highly visible location at a signalized intersection, ensuring maximum exposure to a substantial daily traffic volume exceeding 36,000 vehicles. The land's classification includes Industrial, IOS (Island of Service), Gas Station, and C-Store designations, offering considerable flexibility for a variety of commercial uses. The single-tenancy nature of the property simplifies development and management. The lot size falls within the 1-5 acre range, making it suitable for a range of projects. This strategic location in the Elkton submarket provides excellent access to major transportation routes and a strong customer base. The high traffic counts and prominent corner location make this an unparalleled opportunity for businesses seeking significant visibility and accessibility. This is a rare chance to secure a substantial parcel of land in a thriving commercial area, ready for immediate development. The property is offered as a ground lease, providing a flexible and potentially cost-effective entry point for the right tenant. Interested parties should be prepared to present a detailed development plan and financial proposal.
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Sutton Inn Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Elkton, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.