8579 Commerce Dr Easton, MD 21601
- Office Properties & Spaces
- 2,019 SF
Current Use by Public Records
- Kathryn Wilson / Nurse Practitioner
- Lauren Harton / Midwife
- FamilyCare of Easton, LLC / Medical Center
- Katie Sullivan / Nurse Practitioner
- Irwin Webb / Emergency Care Physician
Property Details for 8579 Commerce Dr
- Year built
- 1993
- Property size
- 2,019 SF
- Property type
- Office Properties & Spaces
- APN
- 01-079131
- APU
- 1079131
Description
This exceptional 2,019 square foot medical office condo is ideally situated in Easton, Maryland, offering unparalleled visibility and convenience. Located just off the Easton bypass and in close proximity to major retail establishments, this property enjoys high traffic and excellent accessibility. The brick building features a desirable end unit configuration, providing both front and side entrances for optimal patient and staff flow. The interior offers ample space for a variety of medical practices, allowing for flexible layout configurations to suit individual needs. Currently available for immediate occupancy, this turnkey solution eliminates lengthy waiting periods and allows for a swift transition into your new practice. The property is meticulously maintained and benefits from a well-managed condominium association. Monthly condo fees are $521.24, encompassing $375.87 in monthly dues and $145.37 allocated to reserves, ensuring the long-term upkeep and value of the building. This represents a significant opportunity for medical professionals seeking a thriving location with immediate availability and minimal upfront investment beyond the purchase price. The strategic location, combined with the building's attractive features and manageable condo fees, makes this an exceptional investment opportunity in a desirable market. Don't miss this chance to establish or expand your practice in this highly sought-after Easton location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $320,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $285,000
- Mixed-Use
- $270,000
- Hospitality
- $315,000
- Educational
- $260,000
- Residential Income
- $245,000
- Energy
- $275,000
- Income-Based Land
- $330,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Easton
- County
- Talbot
- State
- Maryland
- Longitude
- -76.0821
- Latitude
- 38.7844
- CBSA code
- 20660
- CBSA name
- EASTON, MD MICROPOLITAN STATISTICAL AREA