Property profile

203 Romancoke Rd Stevensville, MD 21666

FOR LEASE
Office buildings
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Property ID
US40-0667445
10,240 SF 1.28 ac Built 1988
Last sale Feb 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
203 Romancoke Rd, Stevensville, MD 21666 For Lease
$800/Mo 10,240 SF available
203 Romancoke Rd, Stevensville, MD 21666
View Listing

Property summary

AI-generated overview

This exceptional office space, located at 203 Romancoke Road in Stevensville, Maryland, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located workspace. Situated within the Airport Center, this first-floor unit boasts two generously sized rooms, each providing ample space for various business needs. A significant advantage is the inclusion of a private bathroom within the unit, ensuring privacy and convenience for occupants. Recent upgrades have…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$692k
Assessed land$579k
Assessed improvement$113k
Effective rate0.94%

Value estimate

· Nov 2026
$335k
$302k – $369k
CAP approach$1.18M
Submarket $/SF estimate$597k
NOI build-up
Gross scheduled income$117k
Vacancy & credit loss−$21k
Operating expenses−$24k
NOI · 8,974.13% cap applied$72k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$202/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$126 – $277

Cap rate analysis

How does the asset earn?
8,974.13%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
UC
JurisdictionQUEEN ANNE'S

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.1
Furniture Store9.8
Parking Facility9.8

Location

203 Romancoke Rd Stevensville, MD 21666
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Main, Stevensville, MD 21666 $1,262,116 Nov 2021 1,193 SF
711 Main, Stevensville, MD 21666-4011 $476,500 Jan 2021 1,458 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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