New search
Property profile & analytics
FOR LEASE
Office buildings
224 N Washington St, Havre de Grace, MD 21078
Entity Owned
~
Est. High Equity
Property ID
US40-1103341
For Lease
1 / 54
$600/Mo
224 N Washington St, Havre de Grace, MD 21078
View Listing →
Property summary
AI-generated overview
This historic Havre de Grace, MD building, renovated in 2020, offers 7,400 square feet of versatile office space in a vibrant downtown location. The property, situated on a 5,400 square foot lot at 224 N Washington St (cross street: Green St), is zoned RB and features a single, two-story Class B building. Currently, five private office suites are available, ranging from 102 to 148 square feet, ideal for startups, solopreneurs, or satellite offices. Each suite is carpeted and painted in neutral tones, and some furnishings are available. Shared amenities include two conference rooms, a small kitchen with coffee and tea service, and reception services. The building provides 24/7 access for ultimate flexibility. Monthly rental rates for the available spaces range from $550 to $650. This exceptional opportunity combines the charm of a 1930s building with modern conveniences in a thriving downtown shopping and dining district. The building's multiple tenancy allows for a diverse and collaborative environment.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Construction
BRICK
Total area
1,442 SF
Lot
0.12 ac (5,400 SF)
Zoning code
RB
APN
06-034071
UPID
US40-1103341
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Ranking Store Advertising Agency Marketing & Advertising
-
VidzMedia Film Production Television Studio
-
AC Ishak Law Law Firm
-
Havre De Grace Chamber Of Commerce Business Service Center Advocacy Group
-
puzzles of havre de grace md Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hdg Corporate Center LLC
Hdg Corporate Center LLC
since 2026
2 recorded transactions
Zoning & alternative use
RB · Havre De Grace, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Havre de Grace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Havre de Grace submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,863
Tax year 2022
Assessed value
$408,000
Assessed 2023
Previous assessed
$405,200
+0.7% YoY
Effective rate
0.95%
On assessed value
Land market value
$53,200
Improvement market value
$357,600
Total market value
$410,800
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1930
Construction
BRICK
Heating
STEAM
Cooling
YES
Stories
1
Units
2
Total area
1,442 SF
Lot
0.12 ac (5,400 SF)
Zoning code
RB
APN
06-034071
UPID
US40-1103341
Jurisdiction
HARFORD
Zoning & alternative use
RB · Havre De Grace, MD
Zoning RB · permitted uses
RB · Havre De Grace, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Havre De Grace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
STEAM
Cooling
Yes
Stories
1
Units
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Hdg Corporate Center LLC
Entity
Mailing address
224 N WASHINGTON ST, HAVRE DE GRACE, MD 21078-2909
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
$735,000
Hdg Corporate Center LLC
Havre De Grace Corporate Center LLC
Deed
$525,000 · Freedom Federal Credit Union
—
—
Havre De Grace Corp Center LLC
—
Deed Of Trust
related
$300,000 · Harford Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
