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    401 Sunburst Hwy Cambridge, MD 21613

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    For Sale
    $990,000

    5,100 SF auto building leased to Bay Tire.

    Property size:
    5,100 SF

    Property Features for 401 Sunburst Hwy

    General Information

    Size
    5,100 SF

    Building Details

    Year built
    1988

    Source: Mark Mueller Agent Mark Mueller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cambridge Automotive Property For Sale

    This 5,100 SF automotive building is currently leased to Bay Tire. The lease is set to expire on March 31, 2033. The rent is scheduled to increase to $76,950 on March 1, 2025. The lease structure is Double Net, with the landlord responsible for the roof and structure. The property is located in Cambridge, MD, near the historic downtown district, Long Wharf Park, and the Harriet Tubman Underground Railroad Visitor Center. The surrounding community offers a dynamic environment with a thriving arts scene, diverse culinary experiences, and opportunities for outdoor recreation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bay Area Point ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cambridge Car Rental, U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.0662876
    Latitude
    38.5638129

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    FAQs

    What type of property is this?
    Automotive property - 5,100 SF auto building leased to Bay Tire.
    Where is this automotive property located?
    The property is located at 401 Sunburst Hwy Cambridge, MD.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Leased to Bay Tire, providing long-term income through 3/31/33.; - Asking price of $990,000 represents an attractive 7.9% Cap Rate.; - Rent increases to $76,950 on 3/01/25, boosting your investment return.
    (443) 286-9063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Sunburst Hwy Cambridge, MD 21613
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