Prime Development Land
For Sale
$299,900
1002 PARK Lane, Cambridge, MD 21613
Land, CAMBRIDGE, MD
Property SizeContact for details
Lot Size1.92 Acres
Days on Market101
Property Features for 1002 PARK Lane
General Information
Property type
Land
Property subtype
Other
Elementary school district
DORCHESTER COUNTY PUBLIC SCHOOLS
Middle school district
DORCHESTER COUNTY PUBLIC SCHOOLS
High school district
DORCHESTER COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
1.92 Acres
Taxes and HOA fees
Tax Annual Amount
406
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(410) 524-7000
Listed By:
Anthony M Golden · License #309721
(443) 783-0249
Added: May 13
Changed: Aug 19
Last Checked: Aug 21 at 12:06PM
MLS# MDDO2012284
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property offers nearly 2 acres of prime development land, with the potential to purchase an additional adjoining acre. The property features road frontage on three sides and is approximately 99% cleared and ready for development. A 12-foot-wide city-owned alley may be obtainable, creating more flexibility for site planning and access. The location is ideal for 55+ median-income single-story townhomes, multifamily housing, or a variety of other residential development opportunities. Surrounding properties include two-story townhomes, apartment buildings, single-family homes, and a nearby nursing home. The property is conveniently located just minutes from downtown Cambridge dining, shopping, festivals, and historic attractions. Quick access to Route 50 provides easy access to big-box retailers and newly renovated shopping centers. Nearby access to the Choptank River allows for boating, fishing, crabbing, and numerous community parks and recreational opportunities. The property is located in Cambridge, MD. The lot size is 1.92 acres.
Key Highlights
- Prime development land: Nearly 2 acres in Cambridge, MD, with potential for an additional acre, in a city undergoing major development transformation.
- Ideal for 55+ townhomes, multifamily housing, or other residential projects.
- Road frontage on three sides: Provides excellent access and visibility.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
Demographics for 21613, MD
17,967
Population
9,331
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
153.7 sq mi
ZIP Area
117
Density / Sq Mi
$53,171
Median Household Income
$38,078
Median Earnings
$965
Median Rent
$279,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Nearly 2 acres of cleared land ready for development.
Where is this residential land & home lot located?
The property is located at 1002 PARK Lane Cambridge, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Prime development land: Nearly 2 acres in Cambridge, MD, with potential for an additional acre, in a city undergoing major development transformation.; Ideal for 55+ townhomes, multifamily housing, or other residential projects.; Road frontage on three sides: Provides excellent access and visibility.
