677 Pulaski HwyElkton, MD 21921

Property Details for 677 Pulaski Hwy

Year built

2009

Construction

WOOD

Lot size

2.08 AC

Property size (Sq ft)

18,624 SF

Zone code

C2

Property type

Retail properties

Property subtype

Strip malls

APN

03-028593

APU

3028593

Description

This exceptional commercial property, located at 677 E Pulaski Hwy in Elkton, Maryland, offers two executive office suites within the Alexandra Village shopping center. The building, constructed in 2009, is a Class C, two-story structure encompassing a total of 18,624 square feet. Currently, 4,372 square feet are vacant, presenting a unique opportunity for businesses seeking flexible space. Each suite offers a minimum of 2,172 square feet and a maximum contiguous space of 2,200 square feet, ideal for a variety of uses. One suite is a former hair salon, requiring minimal renovation for similar use, while the other is a blank canvas ready for custom build-out. The property boasts ample parking, ensuring convenient access for clients and employees. Its strategic location in Elkton, within the C2 zoned area of Cecil County, provides easy access for customers from both Maryland and Delaware. The multiple tenancy structure allows for diverse business combinations within the building. This property presents a compelling investment opportunity in a thriving commercial center. The property's address is 677 E Pulaski Hwy, Elkton, MD 21921.

• CAP approach

  CAP return

  Valuation

  6%

  $10,144,407

  6.5%

  $9,364,068

  7%

  $8,695,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,631,631

  Geo Method

  $6,132,198

• Alternative Use

  Use

  Valuation

  Residential

  $7,898,942

  Hospitality

  $7,235,388

  Educational

  $6,019,758

  Medical

  $6,226,787

  Retail

  $9,364,068

Location Insight

City

Elkton

County

Cecil

State

Maryland

Latitude

39.601

Longitude

-75.8063

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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