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    322 Market St Denton, MD 21629
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    Property profile & analytics

    322 Market St Denton, MD 21629

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    • Office buildings
    • 14,400 SF
    • 0.17 lot acres
    For Lease
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    Denton MD Office/Retail Space For Lease
    Contact for pricing
    1,333 SF

    Denton MD Office/Retail Space

    Office or retail space available for rent in Denton, MD.

    322 Market St, Denton, MD 21629
    View Listing
    Property ID
    US40-1780251
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Purple Peake CBD / Department Store
    • Law Office of Heather Yoc-Santos, LLC / Law Firm
    • Lower Shore Clinic Inc. / Medical Clinic
    • Main Street Massage / Alternative Medicine Practice / Spa & Massage Center
    • The Paperwork Pros / Tax Preparation

    Property Details for 322 Market St

    Year built
    1915
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Property size
    14,400 SF
    Zone code
    CBC
    Property type
    Office buildings
    APN
    03-011577
    APU
    3011577

    Description

    This exceptional 15,000 square foot turnkey office space is ideally situated in Denton's vibrant downtown entertainment district, directly adjacent to Pizza Empire at 322 Market Street, Unit F. Recently renovated just two years ago, this second-floor office boasts convenient elevator access, along with both front and rear entrances for easy ingress and egress. The property offers a high level of convenience with shared restrooms located on both the first and second floors. Ample parking is readily available, including on-site parking, an adjacent city public parking lot, and convenient street parking options. The 0.26-acre lot provides a significant footprint for this well-maintained and updated office space. This property presents a unique opportunity for businesses seeking a move-in ready office in a bustling and desirable location. The recent renovations ensure modern amenities and a comfortable work environment. The strategic location next to a popular establishment like Pizza Empire offers high visibility and potential for increased foot traffic. This is a rare opportunity to secure a substantial and well-appointed office space in the heart of Denton's thriving downtown area. The combination of convenient amenities, ample parking, and prime location makes this property an exceptional investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Caroline
    State
    Maryland
    Longitude
    -75.831
    Latitude
    38.8856

    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
    $4,515
    $0.00
    $0.00
    $290,600
    -
    $41,400
    $282,100
    $323,500

    Comparable in this City

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      $520,000
      5,568 SF

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    • Value Estimation
      $540,000
      1,976 SF

      26425 Hobbs Rd

      OFFICE BUILDING • 1,976 SF
      26425 Hobbs Rd, Denton, MD 21629-2910
      View Details
    • Value Estimation by Request
      2,094 SF

      109 2nd St

      OFFICE BUILDING • 2,094 SF
      109 2nd St, Denton, MD 21629-1222
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    • Value Estimation by Request
      1,215 SF

      520 Kerr Ave

      OFFICE BUILDING • 1,215 SF
      520 Kerr Ave, Denton, MD 21629-1343
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    • Value Estimation by Request
      2,700 SF

      9212 Andersontown Rd

      OFFICE BUILDING • 2,700 SF
      9212 Andersontown Rd, Denton, MD 21629-2825
      View Details
    • Value Estimation by Request
      2,848 SF

      606 Sunnyside Ave

      OFFICE BUILDING • 2,848 SF
      606 Sunnyside Ave, Denton, MD 21629-1341
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.33 Acres

      Downtown Denton Office Space

      Turnkey office, prime location, available September 2024.
      300 Market St, Denton, MD 21629
      View Details
    • Contact for pricing
      0.26 Acres

      Denton Office Space: Prime Location

      Turnkey Office, Downtown Denton, 15,000 SF
      322 Market St, Denton, MD 21629
      View Details
    • $195,000
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      Denton Mixed-Use Commercial Property

      Prime Denton location, 672 sq ft, 0.51 acres.
      546 6Th St, Denton, MD 21629
      View Details
    • $69,000
      2.08 Acres

      2.08 Acre Flat Lot

      2.08 acre lot, mound system approval in 1991.
      Goldsboro Rd, Denton, MD 21629
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo

      Downtown Denton Storefront Office Suite

      Inviting 1,333 sq ft office suite in vibrant downtown.
      322 Market St, Denton, MD 21629
      View Details
    • $750 /Mo

      Downtown Denton Turnkey Office Space

      Turnkey office space available in downtown Denton law building.
      300 Market St, Denton, MD 21629
      View Details
    • Contact for pricing

      Denton MD Office/Retail Space

      Office or retail space available for rent in Denton, MD.
      322 Market St, Denton, MD 21629
      View Details
    • Contact for pricing

      Commercial Pad Site For Lease

      Pad site available for lease next to new 7-Eleven.
      1155 Industrial Park Way, Denton, MD 21629
      View Details
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    Denton, MD 21629
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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.

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