Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    505 Blue Ball Rd Elkton, MD 21921-4856

    • Manufacturing properties
    • 625 SF
    • 5.64 lot acres
    OFF-MARKET
    Value Estimation
    $3,965,000
    Last Sale
    Sep 07, 2022
    $4,000,000
    Location Intelligence
    Property ID
    US40-1778738
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Maryland Cork Co / Manufacturer
    • Thermo Forming Process Products / Manufacturer
    • Schagrin Home Comfort Products / Gas Company / Heating Equipment Supplier
    • Metalwerks / Metal Fabricator
    • MOORE QUALITY WELDING AND FABRICATION LLC / Metal Fabricator / Welder

    Property Details for 505 Blue Ball Rd

    Year built
    1985
    Construction
    BRICK
    Lot size
    5.64 lot acres
    Property size
    625 SF
    Zone code
    M2
    Property type
    Manufacturing properties
    APN
    03-081176
    APU
    3081176

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,075,000
      6.5%
      $4,245,000
      7%
      $3,965,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,050,000
      Geo Method
      $3,950,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,015,000
      Retail
      $4,485,000
      Mixed-Use
      $4,690,000
      Hospitality
      $4,690,000
      Educational
      $3,840,000
      Residential Income
      $3,425,000
      Energy
      $4,170,000
      Income-Based Land
      $4,530,000
      Food Service
      $3,660,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8556
    Latitude
    39.6221
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,713
    $282,000
    $688,000
    $970,000
    -
    $282,000
    $688,000
    $970,000

    Comparable in this City

    • Value Estimation by Request
      4,776 SF

      41 Cherry Hl Rd

      MANUFACTURING (LIGHT) • 4,776 SF
      41 Cherry Hl Rd, Elkton, MD 21921-3622
      View Details
    • Value Estimation by Request
      51,062 SF

      249 High St

      MANUFACTURING (LIGHT) • 51,062 SF
      249 High St, Elkton, MD 21921-5247
      View Details
    • Value Estimation
      $7,620,000
      94,871 SF

      1000 Konica Dr

      MANUFACTURING (LIGHT) • 94,871 SF
      1000 Konica Dr, Elkton, MD 21921-6355
      View Details
    • Value Estimation
      $665,000
      20,740 SF

      Blue Ball Rd

      MANUFACTURING (LIGHT) • 20,740 SF
      Blue Ball Rd, Elkton, MD 21921
      View Details
    • Value Estimation
      $470,000
      7,558 SF

      Blue Ball Rd

      MANUFACTURING (LIGHT) • 7,558 SF
      Blue Ball Rd, Elkton, MD 21921
      View Details
    • Value Estimation by Request
      1,235 SF

      246 Fletchwood Rd

      MANUFACTURING (LIGHT) • 1,235 SF
      246 Fletchwood Rd, Elkton, MD 21921-4019
      View Details

    Similar Nearby for Sale

    • $1,400,000
      13,300 SF

      Heavy Industrial Site with Rentals

      Large industrial yard with multiple buildings and residential units.
      315 Johnstown Rd, Elkton, MD 21921
      View Details
    • $2,000,000
      25,800 SF

      Former Bowling Alley For Sale

      25,800 SF former bowling alley suitable for redevelopment.
      406 Bow St, Elkton, MD 21921
      View Details
    • Contact for pricing
      22,950 SF

      Elkton Warehouse: 22,950 SF

      Class A warehouse, I-95 frontage, build-to-suit.
      400 Belle Hill Rd, Elkton, MD 21921
      View Details
    • $299,900
      0.49 Acres

      Elkton Corner Lot Commercial Property

      High-Visibility Commercial Lot, Excellent Location
      Delaware Ave, Elkton, MD 21921
      View Details
    • $659,000
      5,250 SF

      Elkton Commercial Building - Prime Location

      Downtown Elkton Office Space - Three Levels
      103 Court House Plz, Elkton, MD 21921
      View Details
    • New
      $375,000
      3,265 SF

      Four-Unit Building in Elkton, MD

      Four-unit building with commercial space in a prime location.
      162 W Main St, Elkton, MD 21921
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      64,800 SF

      Class A Warehouse Space

      10,800 SF Class A warehouse space for lease.
      400 Belle Hill Rd, Elkton, MD 21921
      View Details
    • $8 SF/Yr
      29,260 SF

      Industrial Manufacturing Facility For Sublease

      29,260 SF industrial manufacturing facility available for sublease.
      505 Blue Ball Rd, Elkton, MD 21921
      View Details
    • $7 SF/Yr
      40,000 SF

      Blue Ball Rd Industrial Space

      Elkton, MD flex warehouse space available.
      3493 Blue Ball Rd, Elkton, MD 21921
      View Details
    • $6,250 /Mo
      5,000 SF

      Elkton Warehouse with Bay Doors

      5,000 SF warehouse with office and bay doors.
      875 W Pulaski Hwy, Elkton, MD 21921
      View Details
    • $5,000 /Mo
      6,000 SF

      6,000 SF Warehouse Space

      Warehouse space featuring three overhead doors and paved parking.
      150 Williams St, Elkton, MD 21921
      View Details
    • Contact for pricing
      18,624 SF

      Prime Elkton Office Suites

      Two Executive Suites Available, 2,172-2,200 SF
      677 Pulaski Hwy, Elkton, MD 21921
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Blue Ball Rd
    Elkton, MD 21921-4856
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.