Financial
Distress signals
Property profile

405 Stemmers Run Rd Essex, MD 21221

FOR SALE
Office buildings
Property ID
US40-1114374
4,352 SF 0.09 ac lot Built 1960
Last sale Oct 2014 · $540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 405 Stemmers Run Rd, Essex, Maryland is a renovated two-level office building configured for multiple suites and professional use. The upper level contains six office suites and two bathrooms, and includes an HVAC system that was replaced in 2025. The first level has a lobby area with two bathrooms and three offices located toward the rear, with the front portion historically used as a barber shop. The suite-based layout is suitable for a range of professional and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$283k
Assessed land$52k
Assessed improvement$231k
Effective rate0.98%

Value estimate

· Sep 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
Submarket average, outlier-cleaned · 415 recorded sales of this use type
Observed band · Q1–Q3$114 – $344
Qualifying comparables9

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?
BL
The intent of this zone is to provide convalescent home, tourist home, boarding or rooming houses, fast food, drive through only restaura...
General categoryCOMMERCIAL
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.5
Realty agency14.2
Parking Facility12.7

Location

405 Stemmers Run Rd Essex, MD 21221
County assessor Recorded deeds · 2 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
416 Eastern, Baltimore, MD 21221-6714 $600,000 Apr 2024 5,664 SF
303 Eastern, Baltimore, MD 21221-6941 $405,000 Jun 2022 3,136 SF
421 Eastern, Essex, MD 21221-6715 $390,000 Feb 2022 3,195 SF
900 Baltimore Yacht Clb, Essex, MD 21221-2002 $1,522,500 Feb 2022 6,819 SF
1825 Eastern, Essex, MD 21221-1303 $570,000 Dec 2020 2,100 SF
414 Eastern, Essex, MD 21221-6752 $200,000 Jan 2019 4,048 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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