Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    460 Main St Stevensville, MD 21666

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    460 Main St Stevensville, MD 21666

    View on Map
    • Office properties & Spaces
    • 975 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kent Island Yoga and Wellness / Gym & Fitness Center / Alternative Medicine Practice
    • Health and Healing with Hillary, LLC / Gym & Fitness Center / Alternative Medicine Practice
    • Ocean Elements Wellness - Kent Island / Spa & Massage Center
    • Katherine Mills / Health Care Facility

    Property Details for 460 Main St

    Property size
    975 SF
    Property type
    Office properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 975-square-foot executive office suite is ideally located at 460 Main Street #108, Stevensville, Maryland, 21666. Situated in Queen Anne's County, this single-tenant space presents a fantastic opportunity for businesses seeking a professional and efficient workspace. The property is classified as both office and land, offering a unique blend of functionality and potential. The suite is perfect for a variety of uses, including medical, professional, or retail businesses. The building itself encompasses a total of 975 square feet, distributed across a single suite, ensuring privacy and control over the entire space. This presents a significant advantage for businesses requiring dedicated and uninterrupted work areas. The property's address is conveniently located at 460 Main Street #108, providing easy access for clients and employees. The location in Stevensville, Maryland offers a blend of accessibility and a professional atmosphere. This single-tenant occupancy ensures exclusive use of the entire 975 square feet, eliminating the need to share common areas with other businesses. The property's classification as both office and land suggests potential for future expansion or development, although specifics regarding land usage are not detailed in this listing. Interested parties are encouraged to inquire further for detailed information regarding lease terms and conditions. This prime location and versatile space make this an attractive option for businesses seeking a well-appointed and conveniently located office in Stevensville, Maryland.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stevensville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.3115
    Latitude
    38.9786

    Comparable in this City

    • Value Estimation by Request
      900 SF

      460 Main St

      Land • 900 SF
      460 Main St, Stevensville, MD 21666
      View Details
    • Value Estimation by Request
      1.03 Acres

      Ellendale Farm Ln

      Land • 1.03 Acres
      0 Ellendale Farm Ln, Stevensville, MD 21666
      View Details
    • Value Estimation by Request
      800 SF

      112 Saint Claire Pl

      Land • 800 SF
      112 Saint Claire Pl, Stevensville, MD 21666
      View Details
    • Value Estimation by Request
      10.88 Acres

      Romancoke Rd

      Land • 10.88 Acres
      0 Romancoke Rd, Stevensville, MD 21666
      View Details
    • Value Estimation by Request

      204 Island Plaza Ct

      Office properties & Spaces
      204 Island Plaza Ct, Stevensville, MD 21666
      View Details
    • Value Estimation by Request
      0.76 Acres

      605 Main St Unit

      Office properties & Spaces • 0.76 Acres
      605 Main St Unit, Stevensville, MD 21666
      View Details

    Similar Nearby for Sale

    • $1,450,000
      5,160 SF

      Stevensville Office Building - Prime Location

      Renovated Office Building, 5160 sq ft, 0.59 acres
      102 Saint Claire Pl, Stevensville, MD 21666
      View Details
    • New
      $699,000
      Pending

      Renovated Commercial Building on Acreage

      Updated commercial building on over an acre with UC zoning.
      211 Love Point Rd, Stevensville, MD 21666
      View Details
    • Contact for pricing
      1.28 Acres

      Stevensville Office Space For Lease

      First-floor office, updated, ample parking.
      203 Romancoke Rd, Stevensville, MD 21666
      View Details
    • Contact for pricing
      0.76 Acres

      Stevensville Office Suite - Bay Bridge Area

      Prime Office Space, Utilities Included, Great Location
      605 Main St Unit, Stevensville, MD 21666
      View Details
    • $125,000
      0.25 Acres

      Corner Lot in Stevensville, MD

      Corner lot with potential for a smaller residence in Stevensville.
      101 Oak St, Stevensville, MD 21666
      View Details

    Similar Nearby for Lease

    • $1,550 /Mo

      Private Office Suite For Rent

      Private office suite space available for rent.
      1107 Butterworth Ct, Stevensville, MD 21666
      View Details
    • $2,690 /Mo
      2,082 SF

      Office Space in STEVENSVILLE, MD

      Office space available for lease in STEVENSVILLE, Maryland.
      1107 Butterworth Ct, Stevensville, MD 21666
      View Details
    • Contact for pricing

      Stevensville Office Space for Lease

      18,160 square feet of office space in Stevensville, MD.
      130 Love Point Rd, Stevensville, MD 21666
      View Details
    • $12 SF/Yr

      Remodeled Brick Retail/Office Building

      Remodeled retail and office building on Main Street in Stevensville.
      605 Main St, Stevensville, MD 21666
      View Details
    • Contact for pricing
      7,610 SF

      Stevensville Office Space for Lease

      Office space for lease in Stevensville, Maryland.
      130 Love Point Rd, Stevensville, MD 21666
      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.
    460 Main St
    Stevensville, MD 21666
    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

    Thank You for Inquiry

    460 Main St, Stevensville, MD, 21666

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!