Property profile

508 Cynwood Dr A Easton, MD 21601

FOR SALE
Medical Office Space
Property ID
US40-1231458
3,330 SF 1 ac lot Built 1994
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,500+ square foot end-unit condo, situated in Easton's thriving medical and healthcare district, presents a turnkey opportunity for medical or professional practices. Conveniently located just off Route 50, this property boasts a well-designed floor plan ideal for a variety of uses. The space includes a welcoming waiting room, a dedicated reception area, two restrooms, and five versatile office/exam spaces, perfectly suited for individual practitioners or small groups. Additional features include a convenient break room, an equipment room, a sterilization area, and a mechanical room. The property is thoughtfully plumbed for dental chairs and wired for digital dentistry, making it particularly attractive to dental practices. Shared costs cover common area maintenance, trash removal, lawn and landscaping, and water usage, calculated proportionally among the four units. Ample parking is available for staff and clients, ensuring easy access and convenience. With its prime location, comprehensive amenities, and efficient layout, this property represents a rare opportunity to establish or expand a successful medical or professional practice in a high-demand area. The total square footage of the building is 4,862 square feet.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1994
Construction WOOD
Total area 3,330 SF
Lot 1 ac (43,560 SF)
APN 01-079328
UPID US40-1231458

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

508 Cynwood Dr, Unit A Easton, MD 21601
Easton metro Census 960400 EASTON, MD MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2009
4 recorded transactions
2024
Price N/A
2019
Price N/A
2009
$325,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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