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    Property profile & analytics

    609 Eastern Blvd Essex, MD 21221

    • Investment properties
    • 1,365 SF
    • 0.17 lot acres
    For Sale
    View listing
    $195,900
    Value Estimation
    Last Sale
    Dec 14, 2024
    $195,900
    Location Intelligence
    Property ID
    US40-0604036
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 609 Eastern Blvd

    Year built
    1930
    Lot size
    0.17 lot acres
    Property size
    1,365 SF
    Zone code
    BL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15-1514651710
    APU
    151514651710

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4725
    Latitude
    39.3094
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    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
    $1,264
    $92,200
    $78,100
    $170,300
    -
    $92,200
    $78,100
    $170,300

    Comparable in this City

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      212 Nanticoke Rd

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      111 Marlyn Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,878 SF
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      View Details
    • Value Estimation
      $290,000
      1,584 SF

      806 Runkles Ter

      OFFICE/RESIDENTIAL (MIXED USE) • 1,584 SF
      806 Runkles Ter, Essex, MD 21221-3119
      View Details
    • Value Estimation
      $540,000
      1,856 SF

      208 Back Riv Nck Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,856 SF
      208 Back Riv Nck Rd, Baltimore, MD 21221-3927
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    • Value Estimation
      $235,000
      1,652 SF

      226 Back Riv Nck Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,652 SF
      226 Back Riv Nck Rd, Baltimore, MD 21221-3928
      View Details
    • Value Estimation
      $230,000
      1,976 SF

      810 Eastern Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,976 SF
      810 Eastern Blvd, Baltimore, MD 21221-3503
      View Details

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    609 Eastern Blvd
    Essex, MD 21221
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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