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    412 Eastern Blvd Essex, MD 21221

    Sponsored
    For Sale
    $375,000

    Versatile Retail Building, Vacant Possession

    Property size:
    2,950 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,950 square foot retail property, located at 412 Eastern Boulevard in Essex, Maryland, presents a unique investment or owner-user opportunity. Situated on a 0.08-acre lot, the building is currently vacant, offering immediate flexibility for a wide range of commercial uses. The property boasts attractive features including soaring ceilings and an open-concept layout, providing ample space for customization and adaptation to suit diverse business needs. Previously used as a Brazilian Jiu Jitsu gym, the building's adaptable design makes it ideal for various retail or commercial ventures. The property benefits from a flexible BL zoning designation, expanding its potential uses and attracting a broader range of prospective tenants or owner-operators. Adding to its appeal, the location is within a revitalizing area of Essex, and grants are available for facade improvements, further enhancing the property's value and curb appeal for new businesses. Priced affordably at $375,000, this property represents a compelling investment opportunity with significant upside potential in a growing community. The open floor plan and high ceilings offer a blank canvas for creative business development, making it an attractive proposition for entrepreneurs and investors alike. Don't miss this chance to be part of Essex's ongoing revitalization.

    Property Features for 412 Eastern Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    2,950 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.47845
    Latitude
    39.30782

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    FAQs

    What type of property is this?
    Retail property - Versatile Retail Building, Vacant Possession
    Where is this retail property located?
    The property is located at 412 Eastern Blvd Essex, MD.
    What is the asking price?
    The asking price for this property is $375,000.
    (443) 660-9229
    Request Owner's contact information
    412 Eastern Blvd Essex, MD 21221
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    Essex, MD 21221
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    Realmo Value Estimation

    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.

    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.

    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
    412 Eastern Blvd Essex, MD 21221
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