• 2918 Old Route 50 CAMBRIDGE, MD 21613

  • $199,000
  • 47,916
    Sq Ft
  • 47916
    Sqft

This 1.099 acre parcel of unimproved land in Cambridge, Maryland offers a prime commercial opportunity in a highly sought-after location. Situated along the major east/west corridor of the eastern shore of Maryland, the property benefits from excellent exposure on the heavily trafficked Route 50. The property's commercially zoned designation opens up a wide range of development possibilities, allowing for various business ventures and commercial enterprises. Whether you envision a retail establishment, office space, or a service-oriented business, this property allows for a myriad of uses. One notable advantage of this property is its location in the county, which means there are no town taxes to contend with, potentially reducing operating costs for future businesses. Additionally, being situated along Route 50 ensures a steady stream of passing traffic, offering excellent visibility and the opportunity to attract customers from both local residents and visitors to the area. While the land is currently unimproved, the absence of existing structures presents a blank slate for customized development. As the property is located in the county, any future development would rely on well and septic systems.

Property Type :

Land

County :

DORCHESTER

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 47,916

Lot Size (Acres): 1.10

Main Square Feet: 47,916

Property Information

Total Lot SQ ft: 47,916

Total Acreage: 1.10

Listing Information

Possession: Settlement

Days Of Market: 1989

Tax Information

Annual Tax: $999

Tax Year: 2017

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $370

Homeowners Association Information

Direction: Located on the east side of Cambridge with exposure on the major Rt 50 east/west corridor.

School Information

School District: DORCHESTER COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Direction: Located on the east side of Cambridge with exposure on the major Rt 50 east/west corridor.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Maple Dam Road , Cambridge, MD,21613 $199,000 -- -- 567,151 567151 Sqft
Stone Boundary Road , Cambridge, MD,21613 $1,500,000 -- -- 12,466,872 12466872 Sqft
5226 Aireys Road , Cambridge, MD,21613 $55,000 -- -- 91,040 91040 Sqft
Edlon Park , Cambridge, MD,21613 $59,900 -- -- 15,300 15300 Sqft
406 High Street , Cambridge, MD,21613 $189,999 3 2.0 2,274 3686 Sqft
Wagner Point Road , Cambridge, MD,21613 $883,000 -- -- 186,001 186001 Sqft
310 Cedar Street , Cambridge, MD,21613 $25,000 -- -- 7,252 7252 Sqft
312 Cedar Street , Cambridge, MD,21613 $25,000 -- -- 7,438 7438 Sqft
5216 Heron Road , Cambridge, MD,21613 $79,500 -- -- 213,444 213444 Sqft
1240 Hudson Road , Cambridge, MD,21613 $599,997 3 2.0 1,341 29620 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2023 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/24/2024 @ 10:48

MLS: 1002029632
LISTED BY: John McClellan , SVN/Miller Commercial Real Estate
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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