2918 Old Rte 50

Cambridge, MD 21613

$199,000
Price
47,916 / 1.1
Lot Size / Acres

Description

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,...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.
  1. Listed by John McClellan • SVN/Miller Commercial Real Estate
    P: (410)-543-2440 john.mcclellan@svn.com
  2. Listed by Kelly Jeter • SVN/Miller Commercial Real Estate
    P: (410)-543-2440 kelly.jeter@svn.com

Property Details for 2918 Old Rte 50

Tax ID Number
14-286583
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
Cambridg
Central Air
No
Construction Completed
No
LISTING UPDATED: 08/14/2024 05:28 AM

Property Details for 2918 Old Rte 50

StatusActive
MLS #1002029632
Days on Market2347
Taxes$999 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size1.10 AC
CountyDorchester County

Building Information for 2918 Old Rte 50

Lot Size1.10 AC

Property Information for 2918 Old Rte 50

Location
Location
  • In City Limits: Yes
  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139665361
  • SchoolDistrictSource: Listing Agent
  • County: DORCHESTER
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2017
  • Tax Assessed Value: $370
  • Improvement Assessed Value: $0
  • City Town Tax: $999
  • Clean Green Assessed: No
  • Zoning: B-2
  • Zoning Dscrp: Commercial
  • Tax Lot: 334
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Current Use: Office, Vacant, Other, Retail
  • Parcel ID: 8622628
  • Additional Parcels: Yes
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 2918 Old Rte 50

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2918 Old Rte 50

Taxable ValueLand$100,600Additions$179,700Total$280,300
Tax Record2023$3,172 ($264 / month)
Home Facts
Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories2Lot Size47,872 SqFtStyleWarehouseYear Built1940ZoningI-2CountyDORCHESTERAPN14-002995

Schools near 2918 Old Rte 50

This home is within Dorchester County Public Schools.
Rating
School
Type
Grades
Distance
Maple Elementary School
Public - PK to 5
Mace's Lane Middle School
Public - 6 to 8
Cambridge-South Dorchester High School
Public - 9 to 12
The Ridge School Of The Eastern Shore
Private - 6 to 12
Rating
School
Distance
Maple Elementary School
PublicPK to 5

Mace's Lane Middle School
Public6 to 8

Cambridge-South Dorchester High School
Public9 to 12

The Ridge School Of The Eastern Shore
Private6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2918 Old Rte 50, Cambridge, MD 21613

2918 Old Rte 50 is a 1.1 ac of land for sale in Cambridge, MD 21613. This property was listed for sale on July 12, 2018 by SVN/Miller Commercial Real Estate, it's currently listed at $199,000. This listing's school district is Dorchester County Public Schools. Nearby schools include Maple Elementary School, Mace's Lane Middle School and Cambridge-South Dorchester High School. 2918 Old Rte 50 is a 0-bed, 0-bath, 1.1 ac of land on a 47,916 sq. ft. / 1.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SVN/Miller Commercial Real Estate

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/14/2024 05:28 AM