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Property profile & analytics

505 Maryland Ave Cambridge, MD 21613

  • Office buildings
  • 1,848 SF
  • 0.22 lot acres
Value Estimation
Last Sale
Aug 23, 2023
Location Intelligence
Property ID
US40-0602243
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

  • Farmers Insurance - Brett Dean / Renter'S Insurance Agency / Insurance Agency

Property Details for 505 Maryland Ave

Year built
1940
Construction
WOOD
Lot size
0.22 lot acres
Property size
1,848 SF
Zone code
C-2
Property type
Office buildings
APN
07-172656
APU
7172656

Description

This 2,616 square foot office building at 505 Maryland Avenue in Cambridge, MD, presents a fantastic opportunity. Boasting a highly visible location and convenient access to Route 50, this property offers exceptional accessibility for clients and employees. The building features multiple office spaces spread across two floors, providing ample room for a variety of business needs. Hardwood floors throughout add a touch of elegance and sophistication. A well-equipped kitchenette is conveniently located for staff and visitors. Significant storage space is available, including a full basement and attic, offering versatile options for archiving, inventory, or additional workspace. The 0.22-acre lot provides ample parking and outdoor space. The asking price for this well-maintained and strategically located office building is $275,000. This property is ideal for businesses seeking a prominent presence in a thriving area with easy highway access. Its versatile layout and abundant storage make it suitable for a wide range of professional uses. Don't miss this chance to acquire a valuable commercial asset in a prime Cambridge location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Cambridge
County
Dorchester
State
Maryland
Longitude
-76.0656
Latitude
38.5684
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
$3,325
$0.00
$0.00
$179,900
-
$66,400
$120,500
$186,900
More about this property
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