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    Property profile & analytics

    751 Augustine Herman Hwy Elkton, MD 21921-7707

    • Retail space
    • 1,440 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US40-0647823
    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

    • Sarge's Bait and Tackle / Bait Shop
    • Gregory A Kauffman Co / Cabinet Maker

    Property Details for 751 Augustine Herman Hwy

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.91 lot acres
    Property size
    1,440 SF
    Zone code
    BL
    Property type
    Retail space
    APN
    03-014002
    APU
    3014002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $200,000
      6.5%
      $195,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $165,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $205,000
      Mixed-Use
      $160,000
      Hospitality
      $215,000
      Educational
      $165,000
      Residential Income
      $175,000
      Energy
      $175,000
      Income-Based Land
      $225,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8175
    Latitude
    39.5749
    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
    $3,348
    $132,700
    $165,000
    $297,700
    -
    $132,700
    $165,000
    $297,700

    Comparable in this City

    • Value Estimation by Request
      19,552 SF

      202 Main St

      RETAIL STORES (PERSONAL SERVICES) • 19,552 SF
      202 Main St, Elkton, MD 21921-5231
      View Details
    • Value Estimation by Request
      2,100 SF

      400 Pulaski Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      400 Pulaski Hwy, Elkton, MD 21921-6063
      View Details
    • Value Estimation by Request
      8,000 SF

      305 Augustine Herman Hwy

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      305 Augustine Herman Hwy, Elkton, MD 21921-6587
      View Details
    • Value Estimation by Request
      12,091 SF

      301 Pulaski Hwy

      RETAIL STORES (PERSONAL SERVICES) • 12,091 SF
      301 Pulaski Hwy, Elkton, MD 21921-6415
      View Details
    • Value Estimation by Request
      2,800 SF

      1829 Old Philadelphia Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      1829 Old Philadelphia Rd, Elkton, MD 21921-7001
      View Details
    • Value Estimation
      $260,000
      1,480 SF

      234 Howard St

      RETAIL STORES (PERSONAL SERVICES) • 1,480 SF
      234 Howard St, Elkton, MD 21921-5905
      View Details

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    Similar Nearby for Lease

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      2,000 SF

      Retail Space on Railroad Ave

      Retail space available at a signalized intersection in Elkton.
      321 Railroad Ave, Elkton, MD 21921
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    • $2,000 /Mo
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      1900 SF retail space in thriving downtown area.
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    • $16 SF/Yr
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      Retail Space with High Visibility

      Retail space available with high visibility and traffic counts.
      307 Augustine Herman Hwy, Elkton, MD 21921
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space Near Cecil College

      Retail spaces available in growing area near Cecil College.
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      Retail and office spaces available in a strip center.
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    • $6,250 /Mo
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      Retail Space in Elkton, MD

      Retail spaces available in community shopping center on Pulaski Highway.
      114 E Pulaski Hwy, Elkton, MD 21921
      View Details
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    Elkton, MD 21921-7707
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    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
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