Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    510 Cadmus Ln Easton, MD 21601

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $6 SF/Yr

    20,000 SF warehouse/distribution space in Easton's medical corridor.

    Building Details

    Year built
    1949

    We can help!

    Listing Contact
    Chelsye Phillips-Hutton
    Chelsye Phillips-Hutton
    Source: Naiglobal

    Listing Agency: NAI Coastal Listing Agent: Chelsye Phillips-Hutton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Easton Warehouse/Distribution Space For Lease

    This property offers approximately 20,000 square feet of space suitable for various uses, including professional offices, warehousing, storage, or distribution. The space is available for lease at $6.00 per square foot, NNN. It is located in a prime location within Easton's medical corridor, surrounded by professional and medical facilities, with convenient access to US Route 50. The property also features frontage on three roads. The available space, currently an open concept, is situated at the far east section of the property and has a 15-foot ceiling height. Professional office buildout is available.
    Location Intelligence

    Current Use by Public Records

    Talbot County Health ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Yard 326, Perdue Farms Inc

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Talbot
    State
    Maryland
    Longitude
    -76.069095
    Latitude
    38.762941

    Nearby Similar for Lease

    • $3,500 /Mo
      10,890 SF

      Easton Office Space For Lease

      Prime location near downtown Easton with parking and multiple offices.
      133 N Washington St, Easton, MD 21601
      View Details
    • $1,950 /Mo
      13,504 SF

      EASTON, MD Retail/Office Space

      1,557 SF retail or office space near downtown Easton.
      25 Creamery Ln, Easton, MD 21601
      View Details
    • $12 SF/Yr
      576,734 SF

      Prime Retail Space in Easton

      Exceptional leasing opportunity in a premier Easton shopping destination.
      210 Marlboro Ave, Easton, MD 21601
      View Details
    • $16 SF/Yr
      576,734 SF

      Retail Space in Tred Avon Square

      2,000 SF retail suite in a busy shopping center.
      210 Marlboro Ave, Easton, MD 21601
      View Details
    • $6 SF/Yr
      65,000 SF

      Easton Warehouse/Distribution Space For Lease

      20,000 SF warehouse/distribution space for lease in Easton, MD.
      510 Cadmus Ln, Easton, MD 21601
      View Details
    • $1,950 /Mo

      Easton Retail/Office Space Available

      1,557 SF retail or office space near downtown Easton.
      25 Creamery Ln, Easton, MD 21601
      View Details
    • $900 /Mo

      Renovated Garage Space Near Route 50

      Commercial garage space with recent renovations and convenient highway access.
      8338 Elliott Rd, Easton, MD 21601
      View Details
    • $14 SF/Yr
      3,000 SF

      Retail Space Near Walmart

      Grocery-anchored shopping center space available near Walmart.
      8223-8231 Elliott Rd, Easton, MD 21601
      View Details
    • $6 SF/Yr
      20,000 SF

      Easton Warehouse/Distribution Space Available

      20,000 SF warehouse/distribution space for lease in Easton, MD.
      500 Cadmus Ln, Easton, MD 21601
      View Details
    • $14 SF/Yr
      3,100 SF

      Easton Office Space For Rent

      Elegant professional office space in historic Easton building.
      32-36 N Washington St, Easton, MD 21601
      View Details
    • $2,750 /Mo

      Flexible Open-Concept Office Space

      Adaptable office space in a prime location, ideal for businesses.
      404 Marvel Ct, Easton, MD 21601
      View Details
    • $2,400 /Mo

      Easton Retail Space Available

      Retail suites available for rent in Easton, Maryland.
      410 N Washington St, Easton, MD 21601
      View Details

    FAQs

    What type of property is this?
    Warehouse - 20,000 SF warehouse/distribution space in Easton's medical corridor.
    Where is this warehouse located?
    The property is located at 510 Cadmus Ln Easton, MD.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Easton's medical corridor with close proximity to Route 50; - +/- 20,000 square feet available for lease at $6.00 per square foot, NNN; - Suitable for professional office, warehouse, storage, or distribution uses
    (443) 513-0682
    Request Owner's contact information
    510 Cadmus Ln Easton, MD 21601
    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.
    510 Cadmus Ln
    Easton, MD 21601
    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
    510 Cadmus Ln Easton, MD 21601
    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

    We can help!
    Listing Contact
    Chelsye Phillips-Hutton
    Chelsye Phillips-Hutton
    Real Estate License ID: MD #5007104
    (443) 513-0682 (410) 543-5115
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!