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Ocean Gateway - Ocean Gateway Development Parcel

58 Acres of Commercial Land Offered at $8,000,000 in Easton, MD 21601

Investment Highlights

  • Heavy Traffic area.
  • High Density Zoning.
  • Huge Visibility.

Executive Summary

Don’t 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 features 22+/- acres zoned R10A, offering the flexibility to develop townhouses, multi-family units, or single-family homes. The remaining 34+/- acres zoned CL, is well-suited for high-visibility projects including home improvement stores, pad sites, restaurants, and so much more. Located in the prime area of Easton with easy access to major roads and amenities. This offering includes Tax Map 100, Parcel 0420 Chapel Road, Easton. Located in an Opportunity Zone! List of uses in documents. Contact us today to start turning your vision into reality!

Property Facts

Price $8,000,000
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Bank
  • Convenience Store
  • Fast Food
  • General Freestanding
  • Hotel
  • Planned Unit Development
  • Restaurant
  • Storefront, Retail or Office
  • Supermarket
Total Lot Size 58.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $8,000,000
Price Per AC $137,931
Lot Size 58.00 AC

58 Acres of Commercial and Residential land on Ocean Gateway (US Route 50) in Easton MD 21601. Prime development land. Currently in Farmland that backs up to the new Dog Park in the Town of Easton.

Description

Don’t 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 features 22+/- acres zoned R10A, offering the flexibility to develop townhouses, multi-family units, or single-family homes. The remaining 34+/- acres zoned CL, is well-suited for high-visibility projects including home improvement stores, pad sites, restaurants, and so much more. Located in the prime area of Easton with easy access to major roads and amenities. This offering includes Tax Map 100, Parcel 0420 Chapel Road, Easton. Located in an Opportunity Zone!List of uses in documents. Contact us today to start turning your vision into reality!

zoning

Zoning Code CL / R10A (Commercial Light in the town of Easton as well as R10A in the town of Easton. Table of uses in Documents.)
CL / R10A (Commercial Light in the town of Easton as well as R10A in the town of Easton. Table of uses in Documents.)
  • Listing ID: 32693024

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: Ocean Gateway, Easton, MD 21601

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