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Property profile & analytics
OFF-MARKET
Specialty properties

408 Cynwood Dr Easton, MD 21601

1,500 SF Built 1996
Property ID
Property summary
AI-generated overview

This fee-simple medical office condo, located at 408 Cynwood Drive in Easton, Maryland, presents a unique investment opportunity. The 1,500 square foot, single-unit building, built in 1996 and renovated in 2005, boasts a desirable location in Easton's medical district, conveniently situated off Route 50. Currently 100% occupied, the property offers a strong return on investment with an asking price of $489,000 ($326 per square foot and $489,000 per unit). The well-designed floor plan includes a waiting room, reception area, two restrooms, five office/exam spaces, a break room, equipment room, sterilization area, and a mechanical room. All rooms are plumbed for dental chairs and wired for digital dentistry, making it ideal for a variety of medical or professional uses. Shared costs cover common area maintenance, trash removal, lawn/landscaping, and water usage (prorated based on square footage among four units). Ample parking is available. The property is zoned "C" and features one story in a single building. This turnkey operation offers immediate income and significant potential for future growth within a thriving medical community. The property's excellent condition and prime location make it an attractive investment for both seasoned and new investors in the medical real estate market.

Property profile
Verified
Property type Specialty properties
Year built 1996
Total area 1,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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