203 Romancoke RdStevensville, MD 21666

  • Office buildings
  • 10,240 SF
For Sale

Property Details for 203 Romancoke Rd

Year built
1988
Construction
FRAME
Lot size
1.28 AC
Property size (Sq ft)
10,240 SF
Zone code
UC
Property type
Office buildings
APN
04-076923
APU
4076923

Description

This exceptional office space, located at 203 Romancoke Road in Stevensville, Maryland, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located workspace. Situated within the Airport Center, this first-floor unit boasts two generously sized rooms, each providing ample space for various business needs. A significant advantage is the inclusion of a private bathroom within the unit, ensuring privacy and convenience for occupants. Recent upgrades have enhanced the property's appeal, featuring brand new flooring throughout and modern bathroom fixtures. The property is complemented by a spacious parking lot, offering plentiful parking for employees, clients, and visitors, eliminating parking concerns often associated with commercial properties. The 1.28-acre lot provides ample space and a sense of openness. The unit's size is not currently specified, but interested parties are encouraged to inquire for further details. This property is ideally suited for a variety of businesses seeking a comfortable, updated, and conveniently located office space in Stevensville, MD. The strategic location within the Airport Center offers easy access to major transportation routes, further enhancing its appeal. Don't miss this chance to secure this prime office space. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,207,980
    6.5%
    $2,038,136
    7%
    $1,892,555
  • Comparable approach

    Method
    Valuation
    Relative Method
    $644,198
    Geo Method
    $644,198
  • Alternative Use

    Use
    Valuation
    Residential
    $2,527,288
    Hospitality
    $2,314,983
    Educational
    $1,926,038
    Medical
    $1,992,278
    Retail
    $2,996,060
203 Romancoke Rd, Stevensville, Maryland

Location Insight

City
Stevensville
County
Queen Anne's
State
Maryland
Latitude
38.974
Longitude
-76.3243
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
$6,516
$578,700
$113,000
$691,700
-
$578,700
$113,000
$691,700

FAQs

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