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    FOR LEASE
    Distribution centers

    28958 I Way Ct, Easton, MD 21601

    47,400 SF 3.36 ac lot Built 2023
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US40-0613545
    Property summary
    AI-generated overview

    This exceptional offering presents two brand-new, state-of-the-art industrial buildings located in Easton, Maryland, at 28958 & 28932 I-Way Ct, conveniently situated off Route 50. The property encompasses 2.339 acres and features two single-story structures totaling 99,172 square feet. Building 12-E at 28958 I-Way Ct offers 45,420 square feet, while Building 12-W at 28932 I-Way Ct provides 53,752 square feet of space. Both buildings boast a 32-foot center ceiling height and 30-foot eave height, providing ample vertical clearance. Each building includes twelve loading docks and four drive-in doors, ensuring efficient loading and unloading operations. A total of 43 parking spaces are available across both buildings. The buildings are equipped with 440V three-phase power and high-speed internet access. Each building features two 1,267 square foot "bump outs" on opposite sides, designed to accommodate office needs. These bump outs include two restrooms and a concrete mezzanine for additional storage, accessible via a staircase. The property is zoned for Business Commercial District (BC) use and has a Talbot County APN of 2101088394. The minimum divisible space is 45,420 square feet, with a maximum contiguous space of 53,752 square feet. The year of construction for both buildings is 2023. Pricing is available upon request.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 2023
    Construction FRAME
    Total area 47,400 SF
    Lot 3.36 ac (146,144 SF)
    APN 01-199368
    UPID US40-0613545
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.92M
    Blend (final) Blend
    $5.21M
    Owner & transaction history
    Easton Sunrise Partners LLC · 6 yrs held
    Easton Sunrise Partners LLC
    since 2020
    1 recorded transaction
    2020
    $1.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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