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166 Raintree Dr - 58M Claremont Airport Development 3,675 SF Specialty Building Offered at $3,419,250 CAD at a 8% Cap Rate in Elkton, MD 21921
Investment Highlights
- 129-Acre FAA-Approved Airport Property with active runway (expandable to 3,719 ft)
- Mixed-Use Zoning Flexibility: 89 acres Commercial/Industrial (ideal for hangars, logistics hub) 22.9 acres Residential (ideal housing development)
- Prime Mid-Atlantic Location — between Philadelphia and Baltimore, minutes from I-95 and major distribution hubs
- Eligible for Sale, Lease, or Joint Venture — scalable opportunities for developers and investors
Executive Summary
Claremont Airport (“58M”) is an FAA-approved public airport located in Cecil County, Maryland, offering a unique large-scale development opportunity encompassing aviation, industrial logistics, residential, and mixed-use components.
The 129-acre site includes a 2,989 ft runway (approved extension planned to 3,719 ft), approved airpark zoning, and direct access to major interstates and the Mid-Atlantic corridor between Philadelphia and Baltimore.
Opportunities include:
Hangar development and leasing
Aircraft storage and maintenance facilities
Distribution and Commercial industrial zones
Residential airpark community
JV partnerships for long-term airport expansion
The 129-acre site includes a 2,989 ft runway (approved extension planned to 3,719 ft), approved airpark zoning, and direct access to major interstates and the Mid-Atlantic corridor between Philadelphia and Baltimore.
Opportunities include:
Hangar development and leasing
Aircraft storage and maintenance facilities
Distribution and Commercial industrial zones
Residential airpark community
JV partnerships for long-term airport expansion
Property Facts
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 04-037340 | Improvements Assessment | $515,833 CAD |
| Land Assessment | $161,352 CAD | Total Assessment | $677,185 CAD |
Property Taxes
Parcel Number
04-037340
Land Assessment
$161,352 CAD
Improvements Assessment
$515,833 CAD
Total Assessment
$677,185 CAD
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Presented by
CJ FLIGHT CLA LLC
166 Raintree Dr - 58M Claremont Airport Development
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