Property profile

8538 Ocean Gtwy Easton, MD 21601

OFF-MARKET
Auto shops
Property ID
US40-0201477
6,090 SF 0.39 ac lot Built 1985
Individually Owned 14-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 6,090 square foot flex building in Easton, Maryland, offers a unique opportunity for businesses seeking high visibility and convenient access. Located directly on US Route 50, this single-tenant property boasts a fully renovated interior completed in 2024, featuring 14-foot ceilings and three drive-in doors (one 14-foot, two 12-foot). The layout includes approximately 3,000 square feet of showroom/office/small parts storage space and 3,000 square feet of warehouse space, complete with a vehicle lift. Situated on 0.39 acres in Talbot County, this property benefits from its prime location among thriving retailers, including a new Burger King, a new Royal Farms, and a Fred Frederick CDJR Car Dealership. The high traffic volume of Route 50 ensures excellent exposure, while the property's design and features provide ample space for a variety of business needs. This exceptional location offers easy access to numerous dining and retail options, enhancing its appeal and convenience. The property's high barrier to entry and excellent signage opportunities make it an attractive investment for businesses seeking a prominent presence in the Mid-Shore of Delmarva submarket. The building's recent renovation ensures modern functionality and efficiency, making it ready for immediate occupancy.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Construction BRICK
Total area 6,090 SF
Lot 0.39 ac (16,939 SF)
APN 01-006908
UPID US40-0201477

Cap rate & NOI

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

Location

8538 Ocean Gtwy Easton, MD 21601-7152
Easton metro Census 960400 EASTON, MD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2000
$200,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8538 Ocean Gtwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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