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    Property profile & analytics

    Blue Ball Rd Elkton, MD 21921

    • Manufacturing properties
    • 3,898 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US40-1751817
    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

    • Manufacturing properties

    Property Details for Blue Ball Rd

    Year built
    1980
    Construction
    BRICK
    Lot size
    1.40 lot acres
    Property size
    3,898 SF
    Zone code
    M2
    Property type
    Manufacturing properties
    APN
    03-080684
    APU
    3080684

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $275,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $290,000
      Mixed-Use
      $325,000
      Hospitality
      $245,000
      Educational
      $250,000
      Residential Income
      $325,000
      Energy
      $250,000
      Income-Based Land
      $275,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8572
    Latitude
    39.6162
    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
    $2,931
    $70,400
    $195,000
    $265,400
    -
    $70,400
    $195,000
    $265,400

    Comparable in this City

    • Value Estimation by Request
      46,754 SF

      2401 Singerly Rd

      MANUFACTURING (LIGHT) • 46,754 SF
      2401 Singerly Rd, Elkton, MD 21921-2733
      View Details
    • Value Estimation by Request
      15,816 SF

      Blueball Rd

      MANUFACTURING (LIGHT) • 15,816 SF
      Blueball Rd, Elkton, MD 21921
      View Details
    • Value Estimation
      $3,965,000
      625 SF

      505 Blue Ball Rd

      MANUFACTURING (LIGHT) • 625 SF
      505 Blue Ball Rd, Elkton, MD 21921-4856
      View Details
    • 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

    Similar Nearby for Sale

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    • $1,500,000
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    Similar Nearby for Lease

    • $8 SF/Yr
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      29,260 SF industrial manufacturing facility available for sublease.
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    • $7 SF/Yr
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      Elkton, MD flex warehouse space available.
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    • $5,000 /Mo
      6,000 SF

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      Warehouse space featuring three overhead doors and paved parking.
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      View Details
    • Contact for pricing
      8,900 SF

      Elkton Crossing Retail Spaces

      Prime Elkton, MD Retail Opportunity
      985 Pulaski Hwy, Elkton, MD 21921
      View Details
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    Blue Ball Rd
    Elkton, MD 21921
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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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