Technical
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Property profile

25 Eastern Ave Essex, MD 21221

OFF-MARKET
Retail properties & Spaces
0.46 ac lot Built 2013
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Property summary

AI-generated overview

This exceptional 0.46-acre lot, located at 25 Eastern Avenue in Essex, Maryland, presents a remarkable opportunity for retail development. The property's prominent location offers significant visibility and accessibility, making it ideal for a variety of retail uses. The substantial lot size provides ample space for building construction, parking, and potential future expansion. Its strategic placement within the thriving Essex community ensures a strong customer base and high foot traffic. The address, 25 Eastern Avenue, is easily identifiable and conveniently situated for both local residents and commuters. This property is offered at a price to be determined, reflecting its significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities of this prime retail location. The absence of a listed square footage allows for flexible development plans tailored to specific retail needs. This blank canvas presents a unique chance to create a thriving retail establishment in a desirable and growing area. The 0.46-acre parcel provides ample space for a substantial building footprint, ensuring the project can accommodate a wide range of retail concepts. Given the property's location and size, it represents a rare opportunity for investors and developers seeking a high-impact retail investment in the Essex, Maryland market. Interested parties are encouraged to conduct their own due diligence to fully assess the potential of this exceptional property.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2013
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon

Location

25 Eastern Ave Essex, MD 21221
Essex metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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