Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    106 ST. MARY'S Avenue unit 102 La Plata, MD 20646

    View on Map
    New
    For Lease
    $2,025 /Mo

    CommercialLease - LA PLATA, MD

    Type:Office
    Property size:
    1,040 SF
    Lot size:
    0.56 Acres
    Added:
    Mar 29, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 3 at 6:06 pm

    Property Features for 106 ST. MARY'S Avenue unit 102

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    5
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    1,040 SF
    Lot size
    0.56 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Baseboard, Electric (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2002
    Building materials
    Wood Siding

    We can help!

    Listing Contact
    Anne M Hooper

    Listing agent Anne M Hooper License #628757

    Listing office Hooper & Associates 3605 Old Washington Road, WALDORF, MD

    Listing date Mar 29, 2026

    MLS# MDCH2052864

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    La Plata Office/Retail Suite

    Located in the heart of La Plata, this 1,040 square foot office or retail suite is situated on the first floor. The floor plan features three separate rooms or offices, a reception area, and a kitchenette. It includes two entrances and access to a common area restroom shared with Suite 101. Parking is available on the side and rear of the building, and signage opportunities are present. The property sits on a 0.56-acre lot. The minimum lease term is three years, and the tenant is responsible for utilities. Suite #102 can be leased with Suite #101. Intended use of the property is for commercial purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    La Plata
    County
    Charles
    State
    Maryland
    Longitude
    -76.9981
    Latitude
    38.5166

    Nearby Similar for Lease

    • Contact for pricing

      La Plata Office Space Available

      Second floor office space with private offices and kitchenette.
      9375 CHESAPEAKE Street unit: 219, LA PLATA, MD 20646
      View Details
    • Contact for pricing

      Downtown La Plata Office Suite

      Two-room office suite in a highly visible downtown building.
      406 N MAPLE Street, LA PLATA, MD 20646
      View Details
    • Contact for pricing

      La Plata Office Space Available

      Prime office space near Charles County Courthouse in La Plata.
      204 Washington Avenue #102a, LA PLATA, MD 20646
      View Details
    • Contact for pricing

      Second Floor Office Space Available

      1,072 SF office space with private offices and kitchenette.
      9375 Chesapeake St #219, LA PLATA, MD 20646
      View Details
    • Contact for pricing

      La Plata Office Suite For Rent

      Office suite for rent in the heart of La Plata.
      303 Charles St, LA PLATA, MD 20646
      View Details
    • $1.00/mo

      Office Space Available For Rent

      Office space available for rent in La Plata, Maryland.
      Crain Hwy, La Plata, MD 20646
      View Details
    • Contact for pricing

      La Plata Office/Retail Space

      Office and retail space with high traffic exposure on Route 301.
      9405 CHESAPEAKE Street unit: 1 & 2, LA PLATA, MD 20646
      View Details
    • Contact for pricing

      Retail Space on Crain Highway

      Retail property located off 301 in La Plata, MD.
      6655 Crain Hwy, La Plata, MD
      View Details
    • Contact for pricing

      Retail Space in Strip Center

      Retail space available in a strip center setting.
      6237-6285 Crain Hwy, La Plata, MD
      View Details
    • Contact for pricing

      Retail Space in Strip Center

      End suite available for rent in La Plata, Maryland.
      La Plata, MD 20646
      View Details
    • Contact for pricing

      LaPlata Warehouse Space Available

      11,278 SF warehouse with loading doors and parking.
      9295 Industrial Pkwy, La Plata, MD
      View Details
    • Contact for pricing

      Office Space for Lease

      9,200 SF office space available for lease.
      101 Catalpa Dr, La Plata, MD 20646
      View Details

    FAQs

    What type of property is this?
    Office units - 1,040 SF office/retail suite in La Plata, MD.
    Where is this office units located?
    The property is located at 106 ST. MARY'S Avenue unit 102 La Plata, MD.
    What is the lease rate?
    The lease rate is $2,025 /Mo.
    What are key features of this property?
    This property features: Prime Location: Situated in the heart of La Plata.; Flexible Layout: Includes three separate rooms/offices, reception area, and kitchenette.; Multiple Entrances: Features two entrances for convenient access.
    (301) 870-5841
    We can help!
    Listing Contact
    Anne M Hooper
    Real Estate License ID: 628757
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!