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

    103 Chesapeake Park Plz Middle River, MD 21220

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office building with heavy utilities, suitable for support office.

    Type:office
    Property size:
    16,333 SF
    Added:
    Apr 15, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 14 at 8:10 pm

    Property Features for 103 Chesapeake Park Plz

    General Information

    Standard status
    Active
    Size
    16,333 SF
    Property subtype
    office

    Spaces For Lease

    at 103 Chesapeake Park Plz Contact us

    We can help!

    Listing Contact
    Ben Meisels
    Ben Meisels

    Listing agent Ben Meisels License #322468

    Listing office Baltimore

    Listing date Apr 15, 2026

    Source Property.jll

    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 Baltimore

    Overview

    Office Building For Lease

    Available for lease is an office building located at 103 Chesapeake Park Plz. The available square footage ranges from 16,333 to 49,000 square feet. This multi-story office building is ideal for a support office, shipping, and receiving. It features heavy utilities. The building can be demolished for additional outside storage or parking.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    Middle River
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4318388
    Latitude
    39.3286463

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Office Space Available

      Recently renovated office space with kitchen, bathroom, and utilities included.
      1124-B MIDDLE RIVER Road, MIDDLE RIVER, MD 21220
      View Details
    • Contact for pricing

      Commercial Space in Middle River

      Versatile commercial space suitable for various business types.
      12406 EASTERN Avenue, MIDDLE RIVER, MD 21220
      View Details
    • Contact for pricing

      MIDDLE RIVER Commercial Units Available

      Multiple commercial and residential units available for lease in MIDDLE RIVER.
      11415 EASTERN Avenue, MIDDLE RIVER, MD 21220
      View Details
    • Contact for pricing

      Commercial Office Space For Lease

      Office space with four offices, kitchen, bath, and storage.
      15 BOWLEYS QUARTERS Road, MIDDLE RIVER, MD 21220
      View Details
    • Contact for pricing

      Commercial Space Ready For Rent

      Commercial space with open floor plan and private rooms.
      12406 Eastern Ave, MIDDLE RIVER, MD 21220
      View Details
    • Contact for pricing

      Retail, Medical, Restaurant Space Available

      Flexible leasing opportunities in eastern Baltimore County.
      112 Carroll Island Rd, Middle River, MD 21220
      View Details
    • Contact for pricing

      Commercial Office Space For Lease

      Office space with four offices, kitchen, bath, and storage.
      15 Bowleys Quarters Rd, MIDDLE RIVER, MD 21220
      View Details
    • Contact for pricing

      Middle River Warehouse Space Available

      115,000 sq ft warehouse with ample loading docks.
      3407 Carroll Island Road, Middle River, MD, 21220
      View Details
    • Contact for pricing

      Middle River Industrial Warehouse Space

      Industrial warehouse space available for lease in Middle River.
      9300 Pulaski Hwy, Middle River, MD 21220
      View Details
    • Contact for pricing

      Flex/R&D, Office & Retail Space

      Located in Greenleigh, a 1,000-acre mixed-use community.
      12 Irondale St, Middle River, MD
      View Details
    • Contact for pricing

      Greenleigh Retail and Office Space

      Located in a mixed-use community with retail and office spaces.
      405 Williams Ct, Middle River, MD
      View Details
    • Contact for pricing

      45,000 SF Industrial Warehouse

      Stand-alone, fully conditioned warehouse with ample parking and storage.
      103 Chesapeake Park Plz, Middle River, MD
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with heavy utilities, suitable for support office.
    Where is this office building located?
    The property is located at 103 Chesapeake Park Plz Middle River, MD.
    What are key features of this property?
    This property features: Located at 103 Chesapeake Park Plz; Available square footage: 16,333 - 49,000 SF; Multi‑story office building
    (443) 451-2614
    We can help!
    Listing Contact
    Ben Meisels
    Ben Meisels
    Real Estate License ID: 322468
    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!