Property profile

406 Liberty St Centreville, MD 21617

OFF-MARKET
Medical Office Space
Property ID
US40-2235677
1,200 SF 0.63 ac lot Built 1950
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,200 square foot commercial office building presents a remarkable investment opportunity in the heart of Centreville, Maryland. Located at 406 S Liberty Street, this property enjoys a highly visible and accessible position in the downtown area, benefiting from significant foot and vehicle traffic. The building itself features five separate offices, providing ample space for a variety of business configurations. A full bathroom is conveniently located within the building. The property's layout is designed for versatility and efficiency, catering to diverse operational needs. Beyond the building, a substantial 0.63-acre lot provides a generous parking area, ensuring convenient access for clients and employees. This prime location offers unparalleled visibility and accessibility, making it an ideal choice for businesses seeking a thriving and established commercial environment. The asking price for this exceptional property is $295,000. This represents a significant opportunity to establish or expand your business in a vibrant and strategically advantageous location. The combination of size, layout, parking, and location makes this property a truly compelling investment.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Construction BRICK
Total area 1,200 SF
Lot 0.63 ac (27,225 SF)
Zoning code C-2
APN 03-003698
UPID US40-2235677

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Medical Clinic

Location

406 Liberty St Centreville, MD 21617-1224
Centreville metro Census 810400 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
5 recorded transactions
2025
$215,000
2004
$238,000
2002
Price N/A
2002
$180,000
1969
Price N/A

Zoning & alternative use

C-2 · Centreville, MD
Zoning description

The regulations of the C-2 Zone are intended to promote, protect and provide for the retail services center of the community and the surrounding regions, department stores, theaters and places of indoor entertainment, pr…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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