Ocean Gateway Easton, MD ^$ 8,000,000

Ocean Gateway

^$ 8,000,000

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Ocean Gateway

Easton, MD, 21601

^$ 8,000,000

Studio Baths0.0

Monthly Estimate*

^$ 49,910

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Studio

Lots and Land for sale in Easton, MD

for $8,000,000. The lot size is 56.62.

Dont miss out on this rare opportunity to transform this 56+/ -acre parcel into a premier development project. This expansive property offers a blend of zoning options and fantastic exposure on Route 50, making it an ideal investment for developers. The property is well-suited for high-visibility projects including home improvement stores, pad sites, restaurants, and so much more. All utilities are at the site. Located in the prime area of Easton with easy access to major roads and amenities. Owner will consider all reasonable offers. Owner will develop for a credit tenant. This offering includes Tax Map 100, Parcel 0420 Chapel Road, Easton. Located in Eastons Opportunity Zone! Contact us today to start turning your vision into reality! Available for Sale or Lease - call for additional information.

Lots and Land Active

Price

^$ 8,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 286

Style

Commercial,Residential

Lot Size

56.62

Town/City

Easton

County/Region

Talbot

MLS | Web ID

MDTA2008568

Features

General

Sewer No Sewer System

Possession Settlement

Zoning R10A CL

School District TALBOT COUNTY PUBLIC SCHOOLS

View Trees/Woods Street Park/Greenbelt

Property Subtype Land

Tax Year 2024

Current Use Commercial Residential

Ownership Fee Simple

Municipality Easton

Additional Parcels Description Tax Map 100 Parcel 0420 Chapel Road Easton

County TALBOT

Property Type Land

HOA N

Possible Use Apartment Building Apartments Bar/Tavern/Lounge Commercial Convenience Store Day Care Development Florist/Nursery Flex Space Mixed Use Funeral Home Drive-Thru Restaurant Food Market Other Retail Resi

Water Access Y/N N

Status ACTIVE

Directions Located on the West Side of 50 from Chapel Road down to and behind Fred Frederick Dodge Jeep dealership. Adjoins the John Ford park See attachments for more information.

City EASTON

Lot Size Units Square Feet

Lot Size Square Feet 2466367.20

Tax Annual Amount 286.0

Condo/Coop Association Y/N N

Clean Green Assessed Y/N N

Price Per Sq Ft Total AG 3.24

Additional Parcels Y/N Y

Historic Y/N N

Lease Considered Y/N N

Vacation Rental Y/N N

Standard Status Active

Legal Subdivision *

Tax Lot 1

Association Recreation Fee N

Exterior

Lot Features Additional Lot(s) Partly Wooded Adjoins - Public Land Backs - Parkland Premium Subdivision Possible Other

Water Source None

Water View Y/N N

Lot Size Acres 56.62

Road Surface Type Paved

Lot Size Source Estimated

Waterfront Y/N N

Road Responsibility State

Navigable Water Y/N N

Water Oriented Y/N N

* Excluded Features

List By

Benson & Mangold, Llc

Broker

barb.c.watkins@gmail.com

Affordability Calculator

$49,933

Per Month

Monthly Principal & Interest: $49,910
Monthly Property Taxes: $24
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Easton, MD

Average List Price ^$1,089,945

Percent of Sale Price 86%

About Easton, MD

15,854 Population

25% Since 2002

^$52,105 Median Income

42.34 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3533924 Elementary School

3534231 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/3/2024	$8,000,000		Listed Price

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Ocean Gateway, Easton, MD, 21601 is a Lots and Land for sale at $8,000,000 with a lot size of 56.62. Ocean Gateway is a studio with 0.0 baths. The property's zip code is 21601 which is in Easton, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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Ocean Gateway

Lots and Land for sale in Easton, MD

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