7872 Ocean GtwyEaston, MD 21601

Property Details for 7872 Ocean Gtwy

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.04 AC

Property size (Sq ft)

8,100 SF

Property type

Retail space

APN

01-043404

APU

1043404

Description

This exceptional Easton, Talbot County, development offers a unique opportunity for businesses seeking high-visibility retail and medical space. The project encompasses two new buildings: a two-story, 24,000 square foot Class A medical building, ideal for medical practices or related healthcare services, and a single-story, 18,000 square foot retail building. The retail building offers significant flexibility with subdividable space, allowing for customization to suit various tenant needs. Currently, four individual spaces are immediately available, ranging in size from 1,000 to 18,000 square feet. This prime location in Easton provides excellent access to major roadways and a strong customer base. The development is perfectly situated to capitalize on the area's thriving economy and growing population. Whether you're seeking a large flagship location or a smaller, more manageable space, this development offers a diverse range of options to meet your business requirements. The modern design and high-quality construction ensure a professional and attractive environment for your business. Don't miss this chance to establish your presence in this dynamic and rapidly developing area. Contact us today to learn more about available spaces and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,931,060

  6.5%

  $1,782,510

  7%

  $1,655,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $529,954

  Geo Method

  $529,954

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,401,250

  Mixed-Use / Specialty

  $1,806,400

  Hospitality / Lodging

  $1,364,660

  Office

  $1,827,160

  Institutional / Educational

  $1,888,730

  Residential Income

  $2,209,810

  Multifamily

  $2,482,700

  Automotive / Energy

  $1,618,910

  Parking / Income-Based Land

  $528,793

  Restaurant / Food Service

  $1,004,050

  Healthcare / Senior Housing

  $1,821,420

Location Insight

City

Easton

County

Talbot

State

Maryland

Latitude

38.7651

Longitude

-76.0615

CBSA code

20660

CBSA name

EASTON, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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