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Property profile

Ocean Gtwy Easton, MD 21601

OFF-MARKET
Mixed-use properties
55.91 ac lot Built 1954
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Property summary

AI-generated overview

This exceptional 55.91-acre mixed-use property presents a unique development opportunity in Easton, Maryland. Strategically located on Route 50, this parcel boasts unparalleled visibility and accessibility, making it ideal for a variety of high-impact projects. The expansive acreage allows for significant development potential, catering to a range of uses including, but not limited to, home improvement stores, restaurants, and pad sites for retail or commercial ventures. All utilities are conveniently located on-site, simplifying the development process and minimizing infrastructure costs. The property's prime Easton location offers easy access to major roadways and a wealth of local amenities, ensuring strong potential for attracting customers and tenants. This offering includes Tax Map 100, Parcel 0420 Chapel Road, Easton, and is situated within Easton's Opportunity Zone, potentially offering significant tax advantages for investors. This is a rare chance to acquire a substantial parcel in a thriving area, poised for significant growth and development. The flexible zoning options allow for creative and adaptable development plans, making this an exceptional investment for forward-thinking developers seeking a high-profile location with substantial acreage. Don't miss this opportunity to transform this prime location into a landmark development.

Property profile

Verified
Property type Mixed-use properties
Year built 1954
Lot 55.91 ac (2,435,440 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ocean Gtwy Easton, MD 21601
Easton metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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