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Property profile & analytics

837 Chesapeake Dr Cambridge, MD 21613

  • Warehouses
  • 32,827 SF
  • 5.00 lot acres
For Sale
Last Sale
Sep 09, 2024
$3,430,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US40-1360955
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Blackwater Self Storage / Storage Facility
  • Hoopers Island Seafood Market / Seafood Market

Property Details for 837 Chesapeake Dr

Year built
1986
Construction
STEEL FRAME
Lot size
5.00 lot acres
Property size
32,827 SF
Zone code
I-1
Property type
Warehouses
APN
07-192126
APU
7192126

Description

This exceptional industrial space, situated within the Chesapeake Business Park in Cambridge, MD, presents a fantastic opportunity for businesses seeking a functional and well-maintained facility. The property boasts a generous 5-acre lot, providing ample room for expansion or outdoor storage. The interior features durable 6-inch concrete floors, high ceilings offering significant vertical space, and convenient 14' x 14' electric roll-up doors for easy loading and unloading of goods. Energy efficiency is enhanced by the inclusion of automatic on/off lighting, minimizing operational costs. A shared bathroom is readily accessible for employees. The property is offered as a NNN lease, meaning the tenant is responsible for property taxes, insurance, and maintenance. This arrangement provides flexibility and control over operational expenses. The space is available for occupancy beginning January 1st, 2025. The property's location within the Chesapeake Business Park offers convenient access to major transportation routes and other essential business amenities. This is an ideal space for a variety of industrial uses, providing a combination of functionality, efficiency, and a strategic location. The landlord has a financial interest in the property. Serious inquiries are encouraged to explore this promising opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,430,000
    ML approach
    $3,430,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,602,000
    Market price range: $1.32M - $6.25M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Cambridge
County
Dorchester
State
Maryland
Longitude
-76.0539
Latitude
38.5501
CBSA code
15700
CBSA name
CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,804
$0.00
$0.00
$1,320,000
-
$250,000
$1,134,200
$1,384,200
More about this property
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