405 Stemmers Run Rd, Essex, MD 21221
Renovated office building with multiple suites, two-level layout, and replacement HVAC on the upper level.
- Added:
- Jun 4, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 14 at 1:45 am
Property Features for 405 Stemmers Run Rd
General Information
- Standard status
- Active
- Size
- 4,736 SF
- Property subtype
- Office
Building Details
- Year Built
- 1960
Listing agent Samuel Jobi License #522171 (301) 537-7665
Listing office Crown Realty International Ltd (301) 537-7665
Listing date Jun 4, 2026
Source Xome
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HighLights
- Renovated office building at 405 Stemmers Run Rd with a two‑level layout
- Upstairs offers six office suites with 2 bathrooms
- First level includes a lobby area with 2 bathrooms and three back‑side offices
- Current tenancy: barber shop on the front side of the first level; only other tenant is on a monthly lease
- Roof features tile and flat roofing; central air and carpet flooring listed
- Upper‑level HVAC was replaced in 2025
Overview
The property is offered for sale at 405 Stemmers Run Rd in Essex, Maryland. Public remarks note high traffic at the site, and the building features an HVAC system on the upper level that was recently replaced in 2025.
From an owner-operator standpoint, the layout supports a mix of personal office use and additional income from leasing remaining space. For tenants, the property’s suite-based design can accommodate professional and service-oriented offices, including medical and home health care, doctors’ offices, law offices, real estate, printing, and other professional services, subject to applicable requirements.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.3k | $21.60 |
| − Vacancy | −$6.5k | −$1.38 |
| EGI | $95.8k | $20.22 |
| − OpEx | −$28.7k | −$6.07 |
| NOI | $67.0k | $14.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Essex
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.4600362
- Latitude
- 39.3249366
