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    Property profile & analytics

    8163 Ocean Gtwy Easton, MD 21601-7145

    • Medical offices
    • 4,615 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $1,525,000
    Last Sale
    Apr 28, 2025
    $1,573,163
    Location Intelligence
    Property ID
    US40-1524049
    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

    • Zagon Laura J / Physician Assistant
    • Dr. Stephen G. Vernon, DO / General Practitioner / Urgent Care Center
    • Your Doc's In / Urgent Care Center / Medical Clinic
    • Walter Gianelle / Emergency Care Physician
    • Geraldine Goertzen / Emergency Care Physician

    Property Details for 8163 Ocean Gtwy

    Year built
    1947
    Construction
    BRICK
    Lot size
    0.69 lot acres
    Property size
    4,615 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    01-010751
    APU
    1010751

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,730,000
      6.5%
      $1,715,000
      7%
      $1,555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,800,000
      Geo Method
      $1,505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,805,000
      Retail
      $1,450,000
      Mixed-Use
      $1,780,000
      Hospitality
      $1,805,000
      Educational
      $1,520,000
      Residential Income
      $1,420,000
      Energy
      $1,890,000
      Income-Based Land
      $1,480,000
      Food Service
      $1,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Talbot
    State
    Maryland
    Longitude
    -76.0596
    Latitude
    38.7733
    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
    $6,844
    $0.00
    $0.00
    $947,267
    -
    $691,600
    $257,900
    $949,500

    Comparable in this City

    • Value Estimation by Request
      6,880 SF

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      606 Dutchmans Ln, Easton, MD 21601-3305
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    • Value Estimation
      $1,375,000
      8,079 SF

      402 Marvel Ct

      MEDICAL BUILDING • 8,079 SF
      402 Marvel Ct, Easton, MD 21601-4052
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    • Value Estimation by Request
      4,600 SF

      499 Idlewild Ave

      MEDICAL BUILDING • 4,600 SF
      499 Idlewild Ave, Easton, MD 21601-4099
      View Details
    • Value Estimation
      $275,000
      3,780 SF

      401 Marvel Ct

      MEDICAL BUILDING • 3,780 SF
      401 Marvel Ct, Easton, MD 21601-4048
      View Details
    • Value Estimation
      $375,000
      4,956 SF

      403 Marvel Ct

      MEDICAL BUILDING • 4,956 SF
      403 Marvel Ct, Easton, MD 21601-4053
      View Details
    • Value Estimation
      $250,000
      3,808 SF

      218 Bay St

      MEDICAL BUILDING • 3,808 SF
      218 Bay St, Easton, MD 21601-2783
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $18 SF/Yr

      Idlewild Avenue Commercial Space

      Second-floor commercial space ideal for office, professional, or medical use.
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      View Details
    • $6 SF/Yr
      20,000 SF

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      View Details
    • $2,750 /Mo

      Flexible Open-Concept Office Space

      Adaptable office space in a prime location, ideal for businesses.
      404 Marvel Ct, Easton, MD 21601
      View Details
    • $1,950 /Mo
      13,504 SF

      EASTON, MD Retail/Office Space

      1,557 SF retail or office space near downtown Easton.
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    • $3,500 /Mo
      10,890 SF

      Easton Office Space For Lease

      Prime location near downtown Easton with parking and multiple offices.
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    • $14 SF/Yr
      113,330 SF

      Easton Retail Center Opportunity

      Prime Easton location, multiple spaces available.
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      View Details
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    Easton, MD 21601-7145
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    Realmo Value Estimation

    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.

    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.

    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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