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Investment Highlights
- Approx. 6,500 SF building on a prominent Pulaski Highway site.
- High-traffic corridor with strong visibility and easy access to I-95.
- Surrounded by established businesses and growing residential communities.
- Located near major retailers including Wawa and Royal Farms.
- Ideal for hospitality, retail, or mixed-use redevelopment.
Executive Summary
Located along the highly traveled Pulaski Highway (U.S. Route 40) in Elkton, Maryland, this property offers a prime redevelopment opportunity in a strong commercial corridor. The site is positioned near the intersection of Route 40 and Mechanics Valley Road, adjacent to Montgomery Business Retail Center and Royal Farms, and directly across from a busy Wawa and Aberdeen Proving Ground Federal Credit Union.
The property spans approximately 6,500 square feet and sits on a well-sized lot, making it suitable for hospitality, retail, or mixed-use redevelopment. Its strategic location ensures excellent visibility and accessibility, benefiting from significant daily traffic counts and proximity to major regional routes, including I-95.
With its high-profile positioning and surrounding retail synergy, this property presents an attractive investment for developers or operators seeking to capitalize on Elkton’s growing commercial market.
The property spans approximately 6,500 square feet and sits on a well-sized lot, making it suitable for hospitality, retail, or mixed-use redevelopment. Its strategic location ensures excellent visibility and accessibility, benefiting from significant daily traffic counts and proximity to major regional routes, including I-95.
With its high-profile positioning and surrounding retail synergy, this property presents an attractive investment for developers or operators seeking to capitalize on Elkton’s growing commercial market.
Property Facts
| Price | $1,600,000 | Building Size | 6,500 SF |
| Price Per Room | $145,455 | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Lease Option | Year Built | 1949 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 4.07/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 3.24 AC | ||
| Zoning | BG | ||
| Price | $1,600,000 |
| Price Per Room | $145,455 |
| Sale Type | Investment |
| Sale Condition | Lease Option |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.24 AC |
| Building Size | 6,500 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1949 |
| Tenancy | Single |
| Parking Ratio | 4.07/1,000 SF |
| Corridor | Exterior |
| Zoning | BG |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 11 | $71.00 | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-021146 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $769,467 |
Property Taxes
Parcel Number
05-021146
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$769,467
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Green Acres Motel | 1974 W Pulaski Hwy
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