499 Idlewild Ave Easton, MD 21601
For Sale
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This exceptional Class A medical office building in Easton, Maryland, presents a compelling investment opportunity. The 20,000-square-foot property, constructed in 2021, boasts a prime location in the Easton medical corridor, just off Route 50 and near the University of Maryland Shore Medical Center. Currently 70% occupied, with a strong tenant roster holding leases exceeding five years, this multi-tenant building offers immediate income generation. Approximately 3,000 square feet of raw shell space provides flexibility for future leasing or owner-operation. The building's design exceeds building efficiency codes and includes ample parking. The asking price is $7,000,000, translating to $350 per square foot. This triple-net (NNN) leased property is projected to deliver a significant return on investment, based on market rates and standard escalation terms within the Easton professional market. The property's strategic location, coupled with its modern construction and strong tenant base, makes it an attractive asset for discerning investors seeking a high-yield, low-risk investment in a thriving medical market.
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Shore Legal Access, formerly Mid-Shore Pro Bono Law Firm
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O'Donnell Vein & Laser Medical Clinic Hospital
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CoreLife Physical Fitness Program Wellness Center
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Regenerative Orthopedics and Sports Medicine Medical Clinic Physician
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Phoenix Physical Therapy Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.