Property profile

203 Romancoke Rd Stevensville, MD 21666

FOR LEASE
Office buildings
Property ID
US40-0667445
10,240 SF 1.28 ac lot Built 1988
Entity Owned 8-yr Hold Free & Clear
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203 Romancoke Rd, Stevensville, MD 21666 For Lease
$400/Mo
203 Romancoke Rd, Stevensville, MD 21666
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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 enhanced the property's appeal, featuring brand new flooring throughout and modern bathroom fixtures. The property is complemented by a spacious parking lot, offering plentiful parking for employees, clients, and visitors, eliminating parking concerns often associated with commercial properties. The 1.28-acre lot provides ample space and a sense of openness. The unit's size is not currently specified, but interested parties are encouraged to inquire for further details. This property is ideally suited for a variety of businesses seeking a comfortable, updated, and conveniently located office space in Stevensville, MD. The strategic location within the Airport Center offers easy access to major transportation routes, further enhancing its appeal. Don't miss this chance to secure this prime office space. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction FRAME
Total area 10,240 SF
Lot 1.28 ac (55,757 SF)
Zoning code UC
APN 04-076923
UPID US40-0667445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Marine Surveyor
  • Medical Clinic
  • Loan Service
  • Commercial Cleaning Service Carpet Cleaning Service

Location

203 Romancoke Rd Stevensville, MD 21666
Stevensville metro Census 810901 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.18M
Comparable Approach Comparable
$597k
Blend (final) Blend
$335k

Owner & transaction history

since 2018
4 recorded transactions
2022
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A

Zoning & alternative use

UC · Stevensville, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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