429 Eastern BlvdEssex, MD 21221

  • Retail space
  • 316 SF
For Sale

Property Details for 429 Eastern Blvd

Year built
1943
Construction
BRICK
Lot size
0.17 AC
Property size (Sq ft)
316 SF
Zone code
BLCCC
Property type
Retail space
APN
15-1511000480
APU
151511000480

Description

This exceptional commercial property, located at 429 Eastern Boulevard Unit B in Essex, Maryland, presents a unique investment opportunity. Spanning 3,093 square feet across three versatile units, this property is ideally suited for a variety of business types, including office, retail, and medical practices. Its prime location on Eastern Boulevard ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The adaptable layout allows for customization, accommodating businesses of all sizes

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $100,161
    6.5%
    $92,457
    7%
    $85,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $50,096
    Geo Method
    $50,096
  • Alternative Use

    Use
    Valuation
    Residential
    $77,991
    Hospitality
    $71,439
    Educational
    $59,436
    Medical
    $61,480
    Retail
    $92,457
429 Eastern Blvd, Essex, Maryland

Location Insight

City
Essex
County
Baltimore
State
Maryland
Latitude
39.3074
Longitude
-76.4774
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
$2,298
$145,000
$132,100
$277,100
-
$145,000
$132,100
$277,100

FAQs

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