Mixed-Use Property with Two
For Sale
$3,950,000
114 SAINT CLAIRE PLACE, Stevensville, MD 21666
Custom-built commercial property with retail and office suites, established tenancy, and space for parking.
Property Size20,000 SF
Lot Size1.62 Acres
Days on Market47
Property Features for 114 SAINT CLAIRE PLACE
General Information
Standard status
Active
Size
20,000 SF
Lot size
1.62 Acres
Property subtype
Five Or More Units
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$15,213
Building Details
Building Size
20,000 SF
Year Built
2007
Buildings
2
Tenancy
Multi
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Linda L Austin · License #515805
(410) 829-3136
Source:
Barnesrealestatecompany
Added: Sep 7
Changed: Oct 19
Last Checked: Oct 21 at 4:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 114 Saint Claire Place in Stevensville, Maryland, this mixed-use property comprises two custom-built commercial buildings completed in 2007. The improvements contain 12 occupied units configured for retail and office use, with detailed suite buildouts throughout the property.
The buildings are situated on 1.62 acres with space available for parking. Several occupants have maintained longer-term tenancies, and lease extensions are currently in place. The property combines multiple commercial suites within a single site and offers an established tenant profile across retail and office uses.
The buildings are situated on 1.62 acres with space available for parking. Several occupants have maintained longer-term tenancies, and lease extensions are currently in place. The property combines multiple commercial suites within a single site and offers an established tenant profile across retail and office uses.
Key Highlights
- Two‑building mixed‑use property at 114 Saint Claire Place, Stevensville, MD 21666
- 12 occupied units serving retail and office tenants
- Situated on 1.62 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$283,077
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,661,540
$5.7M
Cap Rate 7%
$4,043,957
$4.0M
Cap Rate 9%
$3,145,300
$3.1M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$432.0K $21.60/SF
− Vacancy
−$27.6K −$1.38/SF
EGI
$404.4K $20.22/SF
− OpEx
−$121.3K −$6.07/SF
NOI
$283.1K $14.15/SF
Area
Queen Anne's County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,661,540
Cap Rate 7%
$4,043,957
Cap Rate 9%
$3,145,300
Alternative Uses
Best Use
Retail
$4.04M
$3.54M – $4.72M
NOI $283,077 @ 7.0% cap · market cap 7.17%
Second Best
Mixed Use
$3.47M
$3.04M – $4.05M
NOI $243,000 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$4.79M
$4.19M – $5.59M
NOI $335,401 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Explore this area
Business Placement
Demographics for 21666, MD
12,848
Population
5,781
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
21.9 sq mi
ZIP Area
587
Density / Sq Mi
$130,426
Median Household Income
$63,926
Median Earnings
$1,755
Median Rent
$478,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Custom-built commercial property with retail and office suites, established tenancy, and space for parking.
Where is this mixed-use property located?
The property is located at 114 SAINT CLAIRE PLACE Stevensville, MD.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Two‑building mixed‑use property at 114 Saint Claire Place, Stevensville, MD 21666; 12 occupied units serving retail and office tenants; Situated on 1.62 acres
