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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Specialty properties
719 Training Ctr Dr, Elkton, MD 21921-2141
Entity Owned
Property ID
US40-0548445
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,695 SF
Lot
300 ac (13,068,000 SF)
Zoning code
OS
APN
04-028929
UPID
US40-0548445
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
Current use
Occupant on record · Public records
-
La Patrona Taco Truck Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Shire Stables LLC
Shire Stables LLC
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
OS · 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
Method
Estimation
Statistic approach
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $1.00M (Feb 24 2026)
Last sale anchor
$1.00M
Feb 24 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$353 / SF
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
$60
Tax year 2023
Assessed value
$5,643,467
Assessed 2023
Previous assessed
$5,643,467
+0.0% YoY
Effective rate
0.00%
On assessed value
Land market value
$900,000
Improvement market value
$5,074,000
Total market value
$5,974,000
Applied tax rate
4.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,695 SF
Lot
300 ac (13,068,000 SF)
Zoning code
OS
APN
04-028929
UPID
US40-0548445
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
OS · Elkton, MD
Zoning OS · permitted uses
OS · 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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
300 ac
Current owner
From public records · entity-resolved
Shire Stables LLC
Entity
Mailing address
630 TRAINING CTR DR, ELKTON, MD 21921-2128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
$1,000,000
Shire Stables LLC
Orb Racing LLC
Deed
—
Jan 24, 2025
$950,000
Kb Racing LLC
A R D Fair Hill LLC
Deed
$900,000 · Paul A Willis Etal
Mar 26, 2024
$900,000
Kb Racing LLC
Buttonwood Farms LLC
Assignment Of Deed
$900,000 · Paul A Willis Etal
Aug 1, 2022
$1,050,000
Buttonwood Farms LLC
Savire LLC
Assignment Of Deed
—
Jun 5, 2018
$1,380,500
Runnymede Racing LLC
Db Dojo LLC
Grant Deed
—
Sep 15, 2016
—
Fair Hill Coa INC
—
Deed
related
$150,000 · M&t Bk
Jul 21, 2015
$1,455,556
Glen Hill Farm LLC
Fair Hill Training Ptrs LLC
Grant Deed
—
Jul 10, 2015
$1,500,000
Db Dojo LLC
Theatre Street Distributors In
Grant Deed
—
Nov 1, 2013
$1,249,000
Orb Racing LLC
Theatre Street Distributors In
Grant Deed
—
Oct 31, 2013
$1,200,000
Herringswell Stables LLC
Cpk Farms LLC
Grant Deed
$960,000 · M&t Bk
Dec 4, 2009
$1,500,000
Atlantic Thoroughbred Stables
Fox Hill Properties LLC
Grant Deed
—
May 5, 2003
$82,690
Lc Parlo IV
Taylor,david M & Kendra T
Grant Deed
—
May 30, 2001
$77,760
Tega Pablo V Lc
Parlo V Lc
Grant Deed
—
—
—
Jokyle INC
—
Deed Of Trust
related
$160,000 · Sandy Spring Bank
—
—
Fair Hill Coa INC
—
Deed Of Trust
related
$150,000 · M&t Bk
—
—
Caldera Racing Stable LLC
—
Deed Of Trust
related
$150,000 · Pnc Bank
—
—
Jokyle INC
—
Deed Of Trust
related
$890,000 · Sandy Spring Bank
—
—
Savire LLC
—
Deed Of Trust
related
$125,000 · Columbia Bk
—
—
Savire LLC
—
Deed Of Trust
related
$775,000 · Columbia Bk
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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