Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    207 Water St Centreville, MD 21617

    • Office Properties & Spaces
    • 2,500 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • DMS & Associates, LLC / Civil Engineer

    Property Details for 207 Water St

    Property size
    2,500 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 2,500 square foot commercial office building is situated on a 0.51-acre lot in Centreville, Maryland, at 207 E Water St #101. The single-tenant property boasts a desirable location, offering convenient access to county and state agencies, including the District and Circuit Courts, the County Office Building, and the Department of Aging. The building itself is modern and impeccably clean, featuring a welcoming reception area, a dedicated conference room, four private offices, and a spacious open work area. Additional amenities include two bathrooms and ample storage space. Off-street parking is available, with convenient access points both in front and at the rear of the building. The property's excellent visibility and attractive design make it an ideal choice for a variety of professional businesses. Located in Queen Anne's County (zip code 21617), this property offers a blend of functionality, convenience, and aesthetic appeal, making it a truly outstanding opportunity in the heart of Centreville. The property is classified as Office and Land, and is a single-suite building.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Centreville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.0632
    Latitude
    39.0435

    Comparable in this City

    • Value Estimation by Request
      1,410 SF

      106 Coursevall Dr

      CONDOMINIUM OFFICES • 1,410 SF
      106 Coursevall Dr, Centreville, MD 21617
      View Details
    • Value Estimation by Request
      1,443 SF

      110 Coursevall Dr

      CONDOMINIUM OFFICES • 1,443 SF
      110 Coursevall Dr, Centreville, MD 21617
      View Details
    • Value Estimation by Request
      1,443 SF

      111 Coursevall Dr

      CONDOMINIUM OFFICES • 1,443 SF
      111 Coursevall Dr, Centreville, MD 21617
      View Details
    • Value Estimation by Request
      1,443 SF

      109 Coursevall Dr

      CONDOMINIUM OFFICES • 1,443 SF
      109 Coursevall Dr, Centreville, MD 21617
      View Details
    • Value Estimation by Request
      1,443 SF

      105 Coursevall Dr

      CONDOMINIUM OFFICES • 1,443 SF
      105 Coursevall Dr, Centreville, MD 21617
      View Details
    • Value Estimation by Request
      1,443 SF

      102 Coursevall Dr

      CONDOMINIUM OFFICES • 1,443 SF
      102 Coursevall Dr, Centreville, MD 21617
      View Details

    Similar Nearby for Sale

    • $295,000
      1,200 SF

      Centreville Office Building - Prime Location

      Downtown Centreville Office: 1200 sq ft, .63 acres
      406 Liberty St, Centreville, MD 21617
      View Details
    • $450,000

      Centreville Commercial Property on Route 304

      Highly visible commercial property with ample parking and flexible layout.
      303 E Water St, Centreville, MD 21617
      View Details
    • $169,000
      2.55 Acres

      2.5 Acre Agricultural Lot

      2.5 acre lot zoned agriculture in a country setting.
      Hatchett Rd, Centreville, MD 21617
      View Details
    • $128,000
      1.27 Acres

      Centreville Land for Residential Development

      1.2 acre wooded lot approved for a 5BR home.
      Burrisville Rd, Centreville, MD 21617
      View Details
    • $89,900
      2.11 Acres

      Centreville Land Opportunity

      Over 2 acre lot suitable for building a home.
      Brownsville Rd, Centreville, MD 21617
      View Details
    • $169,000

      2.5 Acre Agricultural Land Parcel

      2.5 acre agricultural lot in a country setting.
      Hatchett Rd, Centreville, MD 21617
      View Details
    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.
    207 Water St
    Centreville, MD 21617
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.