499 IDLEWILD AVENUE, EASTON, MD 21601
TALBOT County
Key Facts
Description
499 Idlewild Ave., Easton, MD Is a unique opportunity to own recently built, triple-net, commercial real estate in the Easton medical and professional corridor. This acquisition provides investors with an income-producing property consisting of a 20,000 square foot building constructed in 2019, offering 100% occupancy. Present tenants all exceed five-year terms with strong financial and tenancy records. This property has the potential to provide a desirable Return on Investment within the first few years of ownership, following a Pro Forma which reflects the pass through expenses, market comparable lease rates, and standard terms expected within the Easton professional market. Acquiring this property provides investors with 20,000 square feet of Class A medical and professional office, constructed to exceed building efficiency code requirements and provide ample parking. This building is within close proximity to Route 50, the University of Maryland Shore Medical Center (0.50 miles), and downtown Easton which offers easily-accessed amenities and quality restaurant options.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
2021
Living Area
20,000 sq ft
Parking Spaces
90
Zoning
COMMERCIAL
Days on Market
1378
MLS® Listing#
MDTA2004014
Property Features
Cooling
Heating
Parking
Construction
Sewer
Water Source
Schools
- District:
- TALBOT COUNTY PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$38,435
Tax year 2023
Assessed Value
$3,093,400
Parcel Number
2101027654
Directions
Located just off US Route 50 in Easton on Idlewild Avenue.
Affordability Calculator
$1,380,000
Estimated monthly payment
$36,725/mo
Principal $5,520,000 · Est. interest $7,700,891 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in EASTON, MD
- $527,778
- Median Listing Price
- 82
- Median Days on Market
- 2,342
- Median Sq Ft
- $239
- Median Price / Sq Ft
- 108
- Active Listings
- This home’s price is 1207% above the area median.
- Its price per sq ft is 44% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in EASTON, MD.
Location
Getting Around
Points of Interest in EASTON, MD
Showing the EASTON area map.
Nearby Schools
Easton Middle
Secondary · 0.4 mi away
Saints Peter & Paul Parish and School- SSPP
School · 0.5 mi away
Christ Church Easton
School · 0.5 mi away
Easton High School
Secondary · 0.7 mi away
Easton Elementary
Elementary · 0.9 mi away
Talbot County Public Schools
School · 1.2 mi away
North Easton Elementary School
Elementary · 1.2 mi away
Presbyterian Church
School · 1.5 mi away
The Kinder Garden
School · 1.7 mi away
Chesapeake Christian School
School · 1.8 mi away
White Marsh Elementary School
Elementary · 6.7 mi away
Chapel District Elementary
Elementary · 7.5 mi away
St Michael's High School
Secondary · 8.0 mi away
St. Michaels Elementary
Elementary · 8.0 mi away
St Luke's School
School · 8.4 mi away
Preston Elementary School
Elementary · 9.6 mi away
Warwick Elementary School
Elementary · 12.7 mi away
Sandy Hill Elementary School
Elementary · 12.8 mi away
Judy Center
School · 12.9 mi away
Colonel Richardson High School
Secondary · 13.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8051 LEEHAVEN ROAD, EASTON, MD | $5,045,000 | 4 | 5 | 4,172 |
| 9170 HUNTING CREEK LANE, EASTON, MD | $6,250,000 | 5 | 6 | 7,287 |
| 26546 PRESQUILE DRIVE, EASTON, MD | $7,950,000 | 7 | 9 | 8,001 |
| OCEAN GATEWAY, EASTON, MD | $8,000,000 | — | — | — |
| OCEAN GATEWAY, EASTON, MD | $8,000,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in EASTON
Listing Courtesy: NAI Coastal - 4105435115