2918 Old Rte 50
$199,000
47,916 / 1.1
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.
- Listed by John McClellan • SVN/Miller Commercial Real EstateP: (410)-543-2440 john.mcclellan@svn.com
- Listed by Kelly Jeter • SVN/Miller Commercial Real EstateP: (410)-543-2440 kelly.jeter@svn.com
Property Details for 2918 Old Rte 50
Tax ID Number
14-286583
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
MunicipalityCambridg
Central AirNo
Construction CompletedNo
LISTING UPDATED: 08/14/2024 05:28 AM
Property Details for 2918 Old Rte 50
Status | Active |
---|---|
MLS # | 1002029632 |
Days on Market | 2317 |
Taxes | $999 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 1.10 AC |
County | Dorchester County |
Building Information for 2918 Old Rte 50
Lot Size1.10 AC
Property Information for 2918 Old Rte 50
Property History for 2918 Old Rte 50
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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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