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

    253 Lewis Lane Havre De Havre de Grace, MD 21078

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

    Class A medical office space in Havre De Grace, Maryland.

    Type:Medical
    Added:
    Apr 3, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 3 at 4:55 am

    Property Features for 253 Lewis Lane Havre De

    General Information

    Standard status
    Active
    Property subtype
    Medical

    We can help!

    Listing Contact
    Tom Mottley

    Listing agent Tom Mottley

    Listing office

    Listing date Apr 3, 2026

    Source Mackenziecommercial

    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 Tom Mottley

    Overview

    Medical Office Space For Lease

    This property offers medical office space in Havre De Grace, Maryland. The building features Class A construction and includes a covered patient drop-off area. Upgrades have been made to the parking lot, exterior signage, landscaping, and common areas. The property has direct access to Route 40 and is located in close proximity to Upper Chesapeake Campus, making it suitable for various user types.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Havre de Grace
    County
    Harford
    State
    Maryland
    Longitude
    -76.1100936
    Latitude
    39.5471944

    Nearby Similar for Lease

    • Contact for pricing

      Pulaski Highway Commercial Lease Opportunity

      Commercial lease opportunity on Pulaski Highway in Havre De Grace.
      918 PULASKI Hwy, Havre de Grace, MD 21078
      View Details
    • $16/mo

      Medical Office Space For Lease

      Class A medical office space in Havre De Grace, MD.
      253 Lewis Ln, Havre De Grace, MD
      View Details
    • Contact for pricing

      Retail/Flex/Office Building Shell Spaces

      Retail, flex, and office spaces available near Route 40.
      2129 Pulaski Highway Havre De, Grace, MD 21078
      View Details
    • Contact for pricing

      Office Building Near Tidewater Marina

      Office building near Tidewater Marina, suitable for various businesses.
      203 S. Market Street Havre de, Grace, MD 21078
      View Details
    • Contact for pricing

      Functional Bank Space For Lease

      Prime location with on-site parking near downtown Havre De Grace.
      1830 Pulaski Highway Havre De, Grace, MD 21078
      View Details
    • Contact for pricing

      Retail Spaces in Harbor Shops

      High-visibility shopping center with modern retail build-outs in Havre de Grace.
      Havre De Grace, MD 21078
      View Details
    • Contact for pricing

      Retail Space on Pulaski Highway

      Retail space available in Havre de Grace Plaza.
      1014 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • Contact for pricing

      28,275 SF Retail Space Available

      Prime retail location in historic Havre De Grace, Maryland.
      2121 Pulaski Hwy, Havre De Grace, MD 21078
      View Details
    • Contact for pricing

      169,050 SF Industrial Building

      Industrial building for lease with ample parking and convenient location.
      1621 Clark Road, Havre de Grace, MD, 21078
      View Details
    • Contact for pricing

      Digital Pylon Sign on Highway

      Digital pylon sign in growing residential community near I-95.
      suite c/1834 Pulaski Highway, Havre de Grace, MD 21078
      View Details
    • $16/mo

      Retail Space in Harbor Shops

      1,819 SF retail suite available in Havre De Grace.
      1005-1045 Pulaski Hwy, Havre De Grace, MD
      View Details
    • Contact for pricing

      Retail Space on Pulaski Highway

      Retail space with strong visibility on Pulaski Highway.
      2015-2021 Pulaski Hwy, Havre De Grace, MD
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Class A medical office space in Havre De Grace, Maryland.
    Where is this medical office space located?
    The property is located at 253 Lewis Lane Havre De Havre de Grace, MD.
    What are key features of this property?
    This property features: Class A construction ensures high‑quality and modern facilities.; Direct access to Route 40 provides excellent transportation links.; Close proximity to Upper Chesapeake Campus is ideal for medical professionals.
    (443) 573-3217
    We can help!
    Listing Contact
    Tom Mottley
    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!