Property profile

1200 Goodwill Ave Cambridge, MD 21613

FOR SALE
Bowling alleys
Property ID
US40-1092984
20,780 SF 2.19 ac lot Built 1961
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 20,780-square-foot building originally constructed in 1961 on a 2.19-acre site in Cambridge, Maryland. It was initially built as a warehouse and later converted to a bowling alley, with existing improvements described as primarily non-structural, supporting the possibility of conversion back to warehouse, distribution, storage, or other industrial uses. The building has 18–20 foot clear ceiling heights and a flexible interior layout suited to manufacturing, storage, or distribution. Zoning is GC. The site includes a spacious parking lot and is located less than 1 mile from U.S. Route 50.

Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1961
Construction BRICK
Total area 20,780 SF
Lot 2.19 ac (95,396 SF)
Zoning code GC
APN 07-117892
UPID US40-1092984

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center (Bike/Boat/Book/etc) Store
  • Atm
  • Bowling Alley

Location

1200 Goodwill Ave Cambridge, MD 21613
Cambridge metro Census 970600 CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2021
Last sale
$400,000
7 recorded transactions
2022
Price N/A
2021
$400,000
2021
Price N/A
2016
Price N/A
2013
$200,010
2011
$652,856
2000
$550,000

Zoning & alternative use

GC · Cambridge, MD
Zoning description

The General Commercial district (GC) is applied to areas of the city to accommodate a variety of commercial uses including in areas that may benefit from orientation to the highway and access to regional transportation.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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