Pamela Schwartz
Pamela Schwartz
RS278294

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5307 ELBURN LANEROCK HALL, MD 21661

Commercial · 3,457 Sq. ft. | 8.68 Acres
$2,550,000 ACTIVE

5307 ELBURN LANE Overview

Time on Site:
97 days
Visits:
2

5307 Elburn Lane presents a compelling assisted living investment in Maryland's Eastern Shore, offering immediate operational scale through approved bed expansion. The property currently supports 8 licensed beds, with approved plans to double capacity to 16 beds, significantly enhancing revenue potential without the delays or uncertainties of zoning or permitting. Positioned on ±8.68 acres, the site provides a quiet, residential setting ideal for senior care, while remaining accessible to Rock Hall, Chestertown, and regional healthcare services. The combination of existing operations, expansion approval, and limited competitive inventory makes this offering well'‘suited for both owner'‘operators and strategic investors

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5307 ELBURN LANE Facts & Features

  • Type Commercial
  • Sq. ft. 3,457
  • Price/Sq.ft. $738
  • Lot 8.68 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 2007

Business Information

  • Business Type: Other

Location/Region

  • Country: US
  • County: KENT
  • County Or Parish: KENT
  • In City Limits: No

Parking Information

  • Total Parking Spaces: 10
  • Type of Parking: Driveway

Tax Information

  • County Tax: 10962.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $10,962.00
  • Tax Assessed Value: 1349200.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Special Purpose
  • Property Type: Commercial Sale
  • School District Name: KENT COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: CARRR

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Other
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3457.00
  • Central Air: Yes
  • Hot Water: Other

General Information

  • Accessibility Features: 48+ Halls,Roll-in Shower,Wheelchair Mod,Other
  • Cooling: Central A/C

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Acres: 8.68
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 378101.00
  • Lot Size Units: Square Feet
  • Water Source: Well

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other

General Information

  • Number Of Units Total: 1
  • Sewer: Private Septic Tank
  • Water Access: No

5307 ELBURN LANE Neighborhood

Community

21661 (ROCK HALL) Demographics

55
Median Age
50
Population Density (per sq. mile)
40%
College Educated
$54,583
Estimated Median Income
858
Estimated Total Home Owners
291
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

5307 ELBURN LANE Monthly Cost

$
$ %
%
$
$
Lauren Gyza
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5307 ELBURN LANE Market Data

Based on the last 30 days in this zip code

$517,481
Average List Price
$252
Average Price per Square Foot
4
Properties Sold
97
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

5307 ELBURN LANE History

Date Event Value Agent
3/24/2026Source: BRIGHT MLS Added to Database
March 24, 2026
12/3/2024Source: BRIGHT MLS Added to Database
September 26, 2023
Listing provided courtesy of Eastern Shore Real Estate, LLC- MLS# MDKE2006272MLS ProviderContact Information: [email protected] - 4103042011