508 Cynwood DrEaston, MD 21601

Property Details for 508 Cynwood Dr

Year built

1994

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

3,330 SF

Property type

Medical offices

Property subtype

Medical centers

APN

01-079328

APU

1079328

Description

This exceptional 1,500+ square foot end-unit condo, situated in Easton's thriving medical and healthcare district, presents a turnkey opportunity for medical or professional practices. Conveniently located just off Route 50, this property boasts a well-designed floor plan ideal for a variety of uses. The space includes a welcoming waiting room, a dedicated reception area, two restrooms, and five versatile office/exam spaces, perfectly suited for individual practitioners or small groups. Additional features include a convenient break room, an equipment room, a sterilization area, and a mechanical room. The property is thoughtfully plumbed for dental chairs and wired for digital dentistry, making it particularly attractive to dental practices. Shared costs cover common area maintenance, trash removal, lawn and landscaping, and water usage, calculated proportionally among the four units. Ample parking is available for staff and clients, ensuring easy access and convenience. With its prime location, comprehensive amenities, and efficient layout, this property represents a rare opportunity to establish or expand a successful medical or professional practice in a high-demand area. The total square footage of the building is 4,862 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $718,025

  6.5%

  $662,792

  7%

  $615,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $209,490

  Geo Method

  $209,490

• Alternative Use

  Use

  Valuation

  Residential

  $821,862

  Hospitality

  $752,822

  Educational

  $626,339

  Medical

  $647,879

  Retail

  $974,305

Location Insight

City

Easton

County

Talbot

State

Maryland

Latitude

38.763

Longitude

-76.0628

CBSA code

20660

CBSA name

EASTON, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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