Back to Search
Property profile & analytics
FOR LEASE
Grocery and convenience stores
6036 Rossville Blvd Essex, MD 21221
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-0695428
For Lease
1 / 29
$705,000
6036 Rossville Blvd, Essex, MD 21221
View Listing →
Property summary
AI-generated overview
This exceptional retail opportunity in Essex, Maryland, presents two available suites totaling 2,203 square feet within the Rossville Station center at 6036 Rossville Boulevard, zip code 21221. Each suite offers flexibility, with a minimum divisible space of 773 square feet and a maximum contiguous space of 1,430 square feet. The two adjacent units can be leased individually or combined to accommodate a single tenant's needs. The property boasts ample parking with 84 spaces available for customers and employees. Located in Baltimore County, this center benefits from high visibility and traffic, enjoying exposure to 17,000 average annual daily traffic counts (AADT) on Rossville Boulevard. The convenient location places the property in close proximity to major retailers such as Walmart, Sam's Club, and Home Depot, ensuring high foot traffic and a strong customer base. The property previously housed a barbershop and a podiatry office, offering adaptable spaces for a variety of retail uses. This is an ideal opportunity for businesses seeking a well-located, easily accessible retail space in a thriving commercial area.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1992
Construction
BRICK
Total area
3,248 SF
Lot
1.32 ac (57,446 SF)
Zoning code
ML-IM
APN
15-2100008689
UPID
US40-0695428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$705k
Owner & transaction history
Rossville LLC · 7 yrs held
Rossville LLC
since 2018
2 recorded transactions
Zoning & alternative use
ML-IM · Essex, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$750,000
+26.0%
Office building
$665,000
+12.1%
Retail stores
$615,000
+3.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Essex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Essex submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Current use
AUTO REPAIR, GARAGE
$750,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +12% · Conversion: Moderate
RETAIL STORES
$615,000
Change: +4% · Conversion: Easy
COMMERCIAL (GENERAL)
$610,000
Change: +2% · Conversion: Easy
WAREHOUSE, STORAGE
$495,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$217 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,879
Tax year 2023
Assessed value
$2,608,500
Assessed 2023
Previous assessed
$2,506,833
+4.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$1,148,900
Assessed improvement
$1,459,600
Land market value
$1,148,900
Improvement market value
$1,459,600
Total market value
$2,608,500
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Lease
Year built
1992
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
3,248 SF
Lot
1.32 ac (57,446 SF)
Zoning code
ML-IM
APN
15-2100008689
UPID
US40-0695428
Jurisdiction
BALTIMORE
Zoning & alternative use
ML-IM · Essex, MD
Zoning ML-IM · permitted uses
ML-IM · Essex, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Essex. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$750,000
OFFICE BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$495,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
2
Lot
1.32 ac
Current owner
From public records · entity-resolved
Rossville LLC
Entity
Mailing address
57 W PO BOX 524TH RD STE 105A, STEVENSON, MD 21153-0524
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
Axios Rossville LLC
—
Deed
related
$3,465,000 · Sandy Spring Bank
Aug 13, 2018
$2,900,000
Rossville LLC
Rossville Stn Associates LP
Deed
$2,985,000 · Manufacturers Traders Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
