29000 Information LnEaston, MD 21601

Property Details for 29000 Information Ln

Year built

2001

Construction

BRICK

Lot size

2.37 AC

Property size (Sq ft)

9,000 SF

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

01-088645

APU

1088645

Description

This exceptional industrial property at 29000 Information Lane, Easton, offers a rare opportunity for businesses seeking flexible space. The property encompasses 50,000 square feet across five single-story buildings, situated on three acres of land. The space is zoned I1 and features a variety of options, with units ranging from a minimum of 1,500 contiguous square feet to a maximum of 7,000 contiguous square feet. A total of 35 individual suites are available within the complex, currently with 1,500 square feet vacant. The property boasts a 16-foot ceiling height, ideal for various industrial uses, and includes ample parking with 100 spaces and 35 drive-in doors for convenient loading and unloading. The property is conveniently located near Technology Drive and offers easy access to Easton Airport. Property taxes are $1 per square foot. This Class B industrial park presents a unique blend of warehouse, distribution, and flex space, making it suitable for a wide range of businesses. The multiple tenancy structure allows for flexibility in lease terms and space requirements. Don't miss this chance to secure your ideal industrial space in a prime Easton location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,406,354

  6.5%

  $2,221,250

  7%

  $2,062,589

• Comparable approach

  Method

  Valuation

  Relative Method

  $877,594

  Geo Method

  $877,594

• Alternative Use

  Use

  Valuation

  Residential

  $2,221,250

  Hospitality

  $2,034,653

  Educational

  $1,692,807

  Medical

  $1,751,025

  Retail

  $2,633,256

Location Insight

City

Easton

County

Talbot

State

Maryland

Latitude

38.8133

Longitude

-76.07

CBSA code

20660

CBSA name

EASTON, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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