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

Industrial properties

Property subtype

Loft space

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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