Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Investment properties

    609 Eastern Blvd, Essex, MD 21221-4908

    1,365 SF 0.17 ac lot Built 1930
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US40-0604036
    Property summary
    AI-generated overview

    This exceptional 2,275 square foot office building presents a compelling redevelopment opportunity in the thriving business district of Essex, Maryland. Situated on a 0.17-acre lot at 609 Eastern Boulevard, this property offers significant potential for investors and developers seeking to capitalize on its prime location and flexible zoning. The existing structure provides a solid foundation for a variety of projects, allowing for creative adaptation to suit diverse business needs. The "BL" zoning designation within the business district opens doors to a wide range of commercial uses, making this an attractive investment for those seeking a versatile and strategically located asset. The property's size and location make it ideal for a variety of commercial ventures, from small businesses to larger enterprises. Its accessibility and proximity to local amenities further enhance its appeal. This is a rare chance to acquire a property with substantial upside in a dynamic and growing area. The asking price of $195,900 represents an excellent entry point into the Essex commercial real estate market. Serious inquiries are encouraged to explore the full potential of this exciting redevelopment opportunity. Don't miss this chance to acquire a valuable asset in a prime location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1930
    Total area 1,365 SF
    Lot 0.17 ac (7,250 SF)
    Zoning code BL
    APN 15-1514651710
    UPID US40-0604036
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Victor Bravo · 1 yrs held
    Victor Bravo
    since 2025
    Last sale
    $195,900
    4 recorded transactions
    2025
    $195,900
    2020
    2018
    1999
    $45,000
    Zoning & alternative use
    BL · Essex, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    You own 609 Eastern Blvd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message