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

    307 Main St Stevensville, MD 21666-4003

    • Office buildings
    • 1,530 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-2401377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Digital Architects, Inc. / Computer Security Service / Web Hosting Company
    • Steve's Marine Service / Marine Supply Store / Boat Repair Shop

    Property Details for 307 Main St

    Year built
    1826
    Lot size
    0.24 lot acres
    Property size
    1,530 SF
    Zone code
    SHVC
    Property type
    Office buildings
    APN
    04-055209
    APU
    4055209

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stevensville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.3154
    Latitude
    38.9799
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,805
    $153,100
    $144,700
    $297,800
    -
    $153,100
    $144,700
    $297,800

    Comparable in this City

    • Value Estimation
      $585,000
      3,520 SF

      Pier Ave

      OFFICE BUILDING • 3,520 SF
      Pier Ave, Stevensville, MD 21666
      View Details
    • Value Estimation
      $2,510,000
      16,200 SF

      401 Log Canoe Cir, Unit 28

      OFFICE BUILDING • 16,200 SF
      401 Log Canoe Cir, Stevensville, MD 21666-2229
      View Details
    • Value Estimation by Request
      720 SF

      107 Saint Claire Pl

      OFFICE BUILDING • 720 SF
      107 Saint Claire Pl, Stevensville, MD 21666-2164
      View Details
    • Value Estimation
      $3,290,000
      21,500 SF

      235 Log Canoe Cir

      OFFICE BUILDING • 21,500 SF
      235 Log Canoe Cir, Stevensville, MD 21666-2165
      View Details
    • Value Estimation
      $505,000
      2,992 SF

      1220 Sonny Schulz Blvd

      OFFICE BUILDING • 2,992 SF
      1220 Sonny Schulz Blvd, Stevensville, MD 21666-3748
      View Details
    • Value Estimation
      $850,000
      10,240 SF

      203 Romancoke Rd

      OFFICE BUILDING • 10,240 SF
      203 Romancoke Rd, Stevensville, MD 21666-2678
      View Details

    Similar Nearby for Sale

    • $1,400,000
      0.59 Acres

      Stevensville Professional Office Building For Sale

      Completely renovated office building with elevator access and multiple suites.
      102 Saint Claire Pl, Stevensville, MD 21666
      View Details
    • $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
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    • 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
    • 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
    • $699,000
      1.14 Acres

      Renovated Commercial Building on Acreage

      Updated commercial building on over an acre with UC zoning.
      211 Love Point Rd, Stevensville, MD 21666
      View Details
    • $2,699,000

      Remodeled Retail and Office Building

      Two-story brick building with retail and office spaces in Stevensville.
      605 Main St, Stevensville, MD 21666
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,034 SF

      Retail and Office Space Available

      National retail shopping center and neighborhood office building for lease.
      340-398 Thompson Creek Mall, 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
    • $900 /Mo
      70,567 SF

      Stevensville Office Space For Lease

      Meticulously maintained 700 sq ft office space for lease.
      114 Saint Claire Pl, Stevensville, MD 21666
      View Details
    • $1,900 /Mo

      Functional Warehouse Space Available

      1200 sq ft warehouse with 14-foot bay door.
      317 State St, Stevensville, MD 21666
      View Details
    • $20 SF/Yr
      7,046 SF

      Retail Space in Stevensville, MD

      Retail property with abundant parking and immediate highway access.
      1201-1245 Shopping Center Rd, Stevensville, MD 21666
      View Details
    • $1,600 /Mo

      Warehouse Space with Paint Booth

      2000 sq. ft. shop ideal for various business activities.
      100 Bridge Ct, Stevensville, MD 21666
      View Details
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    307 Main St
    Stevensville, MD 21666-4003
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    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
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