Property profile

303 E Water St Centreville, MD 21617

FOR SALE
Office buildings
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Property ID
US40-1454348
2,400 SF 0.82 ac Built 1960
Trust Owned Owner of record is a trust. 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Commercial property located on Route 304 (E Water St) in Centreville, with frontage along Route 304 and on-site parking. The building is situated adjacent to the former Centreville railroad line and is within walking distance of the Post Office, Public Library, and downtown Centreville. Historically, the building operated as two separate business spaces, including an ice cream shop, laundromat, specialty supplies store, real estate offices, and an accountant’s office. The interior is configured…

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?
$5k
Tax billed · 2023
Assessed value$356k
Effective rate1.48%

Value estimate

· Nov 2026
$315k
$284k – $347k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-3
The regulations of the C-3 District intend to provide the full range of commercial activities and establishments which are not primarily ...
General categoryCOMMERCIAL
JurisdictionQUEEN ANNE'S

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.8
Laundry Service8.4
Pawn Shop8.4

Location

303 E Water St Centreville, MD 21617
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
103 Lawyers, Centreville, MD 21617-1083 $360,000 Dec 2025 3,306 SF
119 Lawyers, Centreville, MD 21617-1011 $165,000 Dec 2024 864 SF
410 Commerce, Centreville, MD 21617-1070 $93,333 Aug 2024 1,550 SF
219 Banjo, Centreville, MD 21617-1003 $170,000 May 2023 1,088 SF
122 Commerce, Centreville, MD 21617-1116 $225,000 Jun 2022 1,232 SF
Pennsylvania, Centreville, MD 21617 $340,000 Dec 2019 3,846 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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