2918 Old Route 50
CAMBRIDGE, MD 21613
- – beds
- – baths
- – sqft
- ~1 acre lot
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.
Last checked:
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Last updated Dec 30, 2024
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MLS# 1002029632 —
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Located on the east side of Cambridge with exposure on the major Rt 50 east/west corridor.
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Latitude:38.55365924
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Longitude:-76.04002323
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Office, Vacant, Other, Retail
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Lot Size Units:Square Feet
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Lot Size Acres:1.10
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Lot Size Source:Estimated
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Lot SqFt:47,916 Sqft
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Additional Parcels:Yes
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Zoning:B-2
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Zoning Description:Commercial
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In City Limits:Yes
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 543-2440
- Office phone:
- (410) 543-2440
Taxes
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Tax ID Number:14-286583
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Tax Year:2017
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Tax Lot:334
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Tax Annual Amount:$999
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Tax Assessed Value:$370
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City/Town Tax:999.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:Dorchester County Public Schools
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School District Source:Listing Agent
The Community
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/21/23
Jun 21, 2023
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Price Changed | BRIGHT | $199,000 | -50.0% (-10.1% / YR) |
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7/12/18
Jul 12, 2018
|
Listed / Active | BRIGHT | $398,000 |
