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Financial
Distress signals
Property profile

703 E Pulaski Hwy Elkton, MD 21921

FOR SALE
Grocery and convenience stores
Property ID
US40-1302219
3,612 SF 0.78 ac lot Built 1955
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 0.78-acre C2-zoned lot in Elkton, MD, offers a unique redevelopment opportunity. Located at a signalized intersection on Route 40 (E Pulaski Hwy), this property boasts excellent visibility and accessibility, with over 25,000 cars passing daily. The existing 3,612 square foot building, formerly a gas station with two tenants, presents a chance to reposition the space. The site benefits from public water and sewer, and a Maryland Department of the Environment (MDE) confirmation of no soil…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$844k
Assessed land$646k
Assessed improvement$198k
Effective rate1.74%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$305k
NOI build-up
Gross scheduled income$87k
Vacancy & credit loss−$2k
Operating expenses−$21k
NOI · 4.87% cap applied$63k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4.87%
$63k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionCECIL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Spa & Massage11.1
Parking Facility10.8

Location

703 E Pulaski Hwy Elkton, MD 21921
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 Lndg, Elkton, MD 21921-6701 $25,000 Sep 2024 3,500 SF
1939 Pulaski, Elkton, MD 21921-4614 $670,000 Mar 2024 2,613 SF
1540 Elkton, Elkton, MD 21921-4155 $1,075,000 Jan 2023 3,000 SF
116 Main, Elkton, MD 21921-5509 $289,000 Jul 2022 3,728 SF
202 Pulaski, Elkton, MD 21921-6431 $2,350,000 Jun 2021 3,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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