202 MainElkton, MD 21921

Property Details for 202 Main

Year built

1935

Construction

BRICK

Lot size

2.89 AC

Property size (Sq ft)

19,552 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

03-041700

APU

3041700

• CAP approach

  CAP return

  Valuation

  6%

  $10,560,940

  6.5%

  $9,748,560

  7%

  $9,052,234

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,986,164

  Geo Method

  $6,437,754

• Alternative Use

  Use

  Valuation

  Residential

  $8,223,275

  Hospitality

  $7,532,476

  Educational

  $6,266,932

  Medical

  $6,482,460

  Retail

  $9,748,560

Location Insight

City

Elkton

County

Cecil

State

Maryland

Latitude

39.6055

Longitude

-75.8328

CBSA code

37980

CBSA name

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

Property Tax & Assessments

• Assessed value
  $970,533
• Tax year
  2023
• Tax bill
  $16,887

FAQs

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