Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (410) 822-2001
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Residential Multi Family

    Listings

    For Sale (12)

    View map
    Commercial Lot in Easton, MD
    $895,000
    0.17 Acres

    Commercial Lot in Easton, MD

    Commercial lot available in Easton, Maryland.

    26 S Washington St, Easton, MD 21601
    View details
    Easton, MD Homesite Opportunity
    $185,000
    2.24 Acres

    Easton, MD Homesite Opportunity

    2.24 acre homesite in High Banks community with water views.

    High Banks Dr, Easton, MD 21601
    View details
    Waterfront Hunting Farm in Trappe
    $2,650,000
    49.53 Acres

    Waterfront Hunting Farm in Trappe

    49+ acre hunting farm with waterfrontage in Talbot County, MD.

    Chloras Point Rd, Trappe, MD 21673
    View details
    13+ Acres in Toddville, MD
    $134,900
    13.18 Acres

    13+ Acres in Toddville, MD

    Affordable home on 13+ acres in Sika deer country.

    2707 Toddville Rd, Toddville, MD 21672
    View details
    Easton Land Development Opportunity
    $150,000
    0.36 Acres

    Easton Land Development Opportunity

    Prime 0.36-acre parcel in Easton's Central Business District.

    220 W Dover St, Easton, MD 21601
    View details
    Vacant Land in Cordova, MD
    Contact for pricing
    0.17 Acres

    Vacant Land in Cordova, MD

    Vacant lot available in Cordova, Maryland.

    Newtown Village Rd, Cordova, MD 21625
    View details
    Industrial Land in Trappe, MD
    $1,550,000
    37.86 Acres

    Industrial Land in Trappe, MD

    38+/- acres industrial development opportunity in Talbot County.

    4502 Old Trappe Rd, Trappe, MD 21673
    View details
    Waterfront Land on Honga River
    $99,000
    2.40 Acres

    Waterfront Land on Honga River

    Versatile waterfront parcel ideal for outdoor enthusiasts and hunters.

    Waterfront Honga Riv --Waterfowl Steamboat Wharf Rd, Fishing Creek, MD 21634
    View details
    Downtown Easton Office Space
    Contact for pricing
    0.10 Acres

    Downtown Easton Office Space

    Prime Easton location, 144 sq ft office, utilities included.

    16 Washington St, Easton, MD 21601
    View details
    12 Acre Residential Development Opportunity
    $250,000

    12 Acre Residential Development Opportunity

    12 acre parcel zoned for high density residential development.

    320 Muddy Ln, Elkton, MD 21921
    View details
    Hoopers Island Land with Bay Access
    Contact for pricing

    Hoopers Island Land with Bay Access

    6.5+/- acre land with Chesapeake Bay access.

    2144 Hoopersville Rd, Fishing Creek, MD 21634
    View details
    Easton Agricultural Property for Sale
    $12,000,000
    2,397 SF

    Easton Agricultural Property for Sale

    Prime agricultural land available in Easton, Maryland.

    29587 Matthewstown Rd, Easton, MD 21601
    View details

    For Lease (1)

    View map
    Cambridge Office Space For Lease
    $2,000 / Mo
    95,396 SF

    Cambridge Office Space For Lease

    Office space and parking available for lease in Cambridge, MD.

    2938 Ocean Gtwy, Cambridge, MD 21613
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Eastern Shore Fine Properties, INC
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Eastern Shore Fine Properties, INC
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!