Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7 Park St Easton, MD 21601-3811

    • Commercial real estate
    • 864 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1843008
    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

    • Healing Elements / Alternative Medicine Practice / Acupuncture

    Property Details for 7 Park St

    Year built
    1920
    Lot size
    0.19 lot acres
    Property size
    864 SF
    Property type
    Commercial real estate
    APN
    01-023497
    APU
    1023497

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Talbot
    State
    Maryland
    Longitude
    -76.0669
    Latitude
    38.7732
    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
    $2,458
    $0.00
    $0.00
    $340,200
    -
    $135,900
    $204,400
    $340,300

    Comparable in this City

    • Value Estimation
      $5,105,000
      33,024 SF

      101 Marlboro Ave

      COMMERCIAL (GENERAL) • 33,024 SF
      101 Marlboro Ave, Easton, MD 21601-2768
      View Details
    • Value Estimation by Request
      1,152 SF

      33359 Matthewstown Rd

      COMMERCIAL (GENERAL) • 1,152 SF
      33359 Matthewstown Rd, Easton, MD 21601-6723
      View Details
    • Value Estimation
      $3,235,000
      12,576 SF

      8265 Ocean Gtwy

      COMMERCIAL (GENERAL) • 12,576 SF
      8265 Ocean Gtwy, Easton, MD 21601-7147
      View Details
    • Value Estimation by Request
      1,600 SF

      28712 Glebe Rd

      COMMERCIAL (GENERAL) • 1,600 SF
      28712 Glebe Rd, Easton, MD 21601-7431
      View Details
    • Value Estimation
      $6,930,000
      59,320 SF

      201 Peach Blossom Rd

      COMMERCIAL (GENERAL) • 59,320 SF
      201 Peach Blossom Rd, Easton, MD 21601-2544
      View Details
    • Value Estimation by Request
      1,080 SF

      9632 Hyde Park Ct

      COMMERCIAL (GENERAL) • 1,080 SF
      9632 Hyde Park Ct, Easton, MD 21601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.82 Acres

      Easton Office Space: Prime Location

      Renovated Office, Ample Parking, Flexible Layout
      609 Dutchmans Ln, Easton, MD 21601
      View Details
    • $2,950,000
      4,587 SF

      600 SF designated Port Street (which is its road frontage). We believe it is accurate to say that at an estimated buildout square footage of 45

      500 SF
      911 Port St, Easton, MD 21601
      View Details
    • $499,000
      3,850 SF

      Ocean Gateway Business Opportunity

      Easton, MD Restaurant - $499,000
      8305 Ocean Gtwy, Easton, MD 21601
      View Details
    • $3,495,000
      6,400 SF

      Easton Car Wash - Prime Location

      Successful car wash, high traffic area, excellent investment.
      29328 Matthewstown Rd, Easton, MD 21601
      View Details
    • $950,000
      5,660 SF

      Easton Commercial Trio: High-Visibility Investment

      Three Leased Units, Prime Easton Location
      342 Aurora St, Easton, MD 21601
      View Details
    • Contact for pricing
      2.27 Acres

      Easton Refrigerated Storage Facility

      Prime Easton location, 1500 sq ft refrigerated space.
      29000 Information Ln, Easton, MD 21601
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      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
    • $18 SF/Yr

      Idlewild Avenue Commercial Space

      Second-floor commercial space ideal for office, professional, or medical use.
      501 Idlewild Ave, Easton, MD 21601
      View Details
    • Contact for pricing
      900 SF

      Renovated Office Space in Easton

      Recently renovated office space in Easton's historic district.
      29-31 E Dover St, Easton, MD 21601
      View Details
    • $1,900 /Mo

      Flex Space Near Easton Airport

      Flex space for lease near Easton Airport, Route 50.
      29000 Information Ln, Easton, MD 21601
      View Details
    • $14 SF/Yr
      147,668 SF

      Tred Avon Square: Retail Opportunity

      Easton, MD: 10,786 SF Available
      210 Marlboro Ave, Easton, MD 21601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Park St
    Easton, MD 21601-3811
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.