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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    210 Marlboro Ave, Unit 35 Easton, MD 21601

    • Community centers
    • 47,390 SF
    • 13.24 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Last Sale
    Dec 07, 2023
    $14,750,000
    Value Estimations
    $14,810,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1521422
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Western Union / Money Transfer Service
    • Spin Groove Records / Record Store
    • Dr. Paul Brant / Optometrist / Practitioner Service Location
    • Carey Page Willey / Optometrist
    • Stanley Allen Feinblum / Optometrist

    Property Details for 210 Marlboro Ave

    Year built
    1978
    Lot size
    13.24 lot acres
    Property size
    47,390 SF
    Property type
    Community centers
    APN
    01-009524
    APU
    1009524

    Description

    This exceptional 10,756 square foot retail space is located in Tred Avon Square, a premier shopping destination in Easton, Maryland. Situated on a 13.24-acre lot at the high-traffic intersection of Marlboro Avenue and Easton Parkway, this property offers unparalleled visibility and accessibility. The space, previously occupied by Tuesday Morning, features a large, open floor plan, providing flexibility for a wide range of retail businesses. Its prime location within Tred Avon Square ensures high foot traffic, benefiting from the presence of strong anchor tenants such as Big Lots and ACME Grocery. The center also boasts a diverse mix of complementary businesses, including restaurants and entertainment venues like the Easton Premier Cinema, creating a vibrant and thriving retail environment. This is currently the only available space in this successful shopping center, presenting a unique opportunity for a business seeking a prominent location in a bustling community. The property is ready for immediate occupancy and offers a blank canvas for a new tenant to create their ideal retail space. This is an exceptional opportunity to establish a business in a high-traffic, well-established shopping center in a desirable location. The expansive square footage and strategic placement within Tred Avon Square promise significant potential for growth and success.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $19,485,000
      ML approach
      $10,250,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $10,695,000
      MEDICAL BUILDING
      $9,390,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Talbot
    State
    Maryland
    Longitude
    -76.0819
    Latitude
    38.7799
    CBSA code
    20660
    CBSA name
    EASTON, MD MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $71,488
    $4,245,900
    $5,648,700
    $9,894,600
    -
    $4,245,900
    $5,648,700
    $9,894,600

    Comparable in this City

    • Value Estimation
      $710,000
      23,440 SF

      218 Washington St

      MINI-MALL • 23,440 SF
      218 Washington St, Easton, MD 21601-3145
      View Details
    • Value Estimation
      $1,010,000
      11,218 SF

      101 Marlboro Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 11,218 SF
      101 Marlboro Ave, Easton, MD 21601-2768
      View Details
    • Value Estimation
      $6,185,000
      55,078 SF

      207 Marlboro Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 55,078 SF
      207 Marlboro Ave, Easton, MD 21601-2730
      View Details
    • Value Estimation
      $13,605,000
      64,832 SF

      28410 Marlboro Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 64,832 SF
      28410 Marlboro Ave, Easton, MD 21601-2732
      View Details
    • Value Estimation
      $920,000
      10,160 SF

      7793 Ocean Gtwy

      WHOLESALE OUTLET, DISCOUNT STORE • 10,160 SF
      7793 Ocean Gtwy, Easton, MD 21601-8623
      View Details
    • Value Estimation by Request
      18,800 SF

      108 Marlboro Ave

      SHOPPING CENTER, STRIP CENTER • 18,800 SF
      108 Marlboro Ave, Easton, MD 21601-2780
      View Details

    Similar Nearby for Sale

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      18,800 SF

      High-Traffic Shopping Center For Sale

      Established shopping center in Easton's commercial district with high visibility.
      108 Marlboro Ave, Easton, MD 21601
      View Details
    • $290,000
      2,000 SF

      Established Easton Restaurant for Sale

      Profitable eatery, prime location, recently renovated.
      219 Marlboro Ave, Easton, MD 21601
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      Retail Property in Easton, MD

      Retail property available for sale in Easton, Maryland.
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      Turnkey Restaurant Space in Easton

      Fully equipped restaurant space inside Easton Bowling Alley.
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    Similar Nearby for Lease

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      Easton Retail Center Opportunity

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      Easton Ocean Gateway Retail Spaces

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      Retail Space in Tred Avon Square

      2,000 SF retail suite in a busy shopping center.
      210 Marlboro Ave, 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
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      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
    • Contact for pricing
      2,700 SF

      Retail Space in Waterside Village

      Retail space for lease in Easton's premier mixed-use destination.
      28614 Marlboro Ave, Easton, MD 21601
      View Details
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    210 Marlboro Ave, Unit 35
    Easton, MD 21601
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    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
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