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    Affordable Office Suites with Shared Amenities Title is generated by Realmo AI

    1712 MAIN Street, Chester, MD 21619

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    New
    For Lease
    $500 /Mo

    CommercialLease - CHESTER, MD

    Type:Office
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 9:06 am

    Property Features for 1712 MAIN Street

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    34
    Parking features
    Parking Lot
    Standard status
    Active

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1990
    Building materials
    Stick Built

    We can help!

    Listing Contact
    Kenneth J Roderick

    Listing agent Kenneth J Roderick License #649484

    Listing office Chesapeake Real Estate Associates, LLC 302 Park Row, Chester, MD

    Listing date Jun 1, 2026

    MLS# MDQA2017472

    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.

    HighLights

    • Affordable office space with each unit approximately 100 SF
    • Built in 1990 with stick‑built construction and forced‑air heating
    • Parking lot on site
    • Central location on RT 8 with high traffic count and road‑front signage available
    • No CAM charges; on‑site property manager
    • Shared kitchen and conference room available (foyer sitting room)

    Overview

    Affordable office space is available in a recently updated building with clean, well-maintained suites designed for efficient everyday use. Each unit is approximately 100 square feet, with shared kitchen and conference room access to support collaboration and client meetings. A sitting room in the foyer is also available, creating a comfortable waiting or pre-meeting space.

    The property is road-fronted and centrally located on RT 8 with a high traffic count, providing strong visibility for business signage needs. Road front signage may be obtained, and the on-site property manager helps keep day-to-day operations straightforward. The offering is presented with no CAM charges.

    This setup can work well for small professional teams, satellite offices, and service-oriented tenants seeking a cost-conscious option with shared amenities already in place. Units are suited for business use where in-suite space is supplemented by common conference and kitchen facilities, and where reliable connectivity can be added as needed at an additional moderate cost.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shore Counseling Wellness Counselor Bay Area Association ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.28141
    Latitude
    38.97382

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    FAQs

    What type of property is this?
    Office units - Centrally located office units on a high-traffic road with shared conference and kitchen access, plus flexible internet options.
    Where is this office units located?
    The property is located at 1712 MAIN Street Chester, MD.
    What is the lease rate?
    The lease rate is $500 /Mo.
    What are key features of this property?
    This property features: Affordable office space with each unit approximately 100 SF; Built in 1990 with stick‑built construction and forced‑air heating; Parking lot on site
    (410) 924-2810
    We can help!
    Listing Contact
    Kenneth J Roderick
    Real Estate License ID: 649484
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    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.

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