0 Ocean Gtwy Easton, MD 21601
This exceptional 58-acre parcel presents a unique investment opportunity in Easton, Maryland. Strategically located on Route 50, this property boasts high visibility and convenient access to major roadways and amenities. The land is comprised of approximately 22 acres zoned R10A, suitable for residential development including townhouses, multi-family units, or single-family homes. The remaining 34 acres are zoned CL, ideal for commercial ventures such as retail stores, restaurants, or pad sites. This versatile zoning allows for a mixed-use development, maximizing potential returns. The property's location within an Opportunity Zone adds further investment appeal. Detailed zoning information and permitted uses are available upon request. The property includes Tax Map 100, Parcel 0420 Chapel Road, Easton, and is offered at $8,000,000. This is a rare chance to acquire a large, strategically located tract of land with significant development potential in a thriving Maryland market. The property's size and zoning flexibility make it an attractive prospect for developers seeking to create a landmark project. The address is Ocean Gateway, Route 50, Easton, MD 21601, APN 2101063790, owned by an LLC. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.